Search Documents

Since the early 1990s it has been evident that electricity demand has outstripped investment in generation and transmission. At the same time, concerns were being expressed about the risks associated with the run down of the Maui gas field. It is axiomatic that the necessary investments firstly require a stable and supportive regulatory and fiscal environment, and secondly that such investments have long lead times. A unwillingness by successive Governments to fund the necessary infrastructure, however, lead to the profound restructuring of the electricity with the ultimate objective of transferring the investment risk from Government to the private sector. Successive power crises since 1992 result from a failure to put in place a regulatory framework necessary to provide the environment to allow the private sector to make the needed investments within the necessary timeframe. The electricity sector has now stabilised to the extent that the regulatory risks associated with generation investment have been reduced. This does not mean that risk has been eliminated, however, and both economic and environmental issues will continue to constrain investment in some power proposals particularly those in the South Island and especially any South Island coal or gas thermal proposal. This is firstly because of several very simple economic issues:  1. while the South Island may have significant coal resources it lacks a significant electricity market; 2. except for a six to ten week period in a dry year, low cost hydro will price any large-scale South Island thermal out of the market which will restrict any large scale thermal station to a dry year and/or peaking load; 3. except for a six to ten week period in a dry year, export capacity on the HVDC link to the North Island is constrained to around 964 MWe (and 482 MWe from North to South in dry years); and 4. construction of any new thermal plant in the northern half of the North Island will price any South Island thermal station out of the market. There are also significant environmental issues associated with the establishment of a large scale thermally based power station in the South Island. Because the South Island lacks any large scale economically proven gas reserves, the environmental constraints considered are those associated with coal production. A coal mine dedicated to power generation will have significant on-site impacts associated, in particular those associated with disposal of opencast overburden and visual impacts. These will, however, be partially offset by the relative remoteness of such sites to population centres. What cannot be offset, however, is the off-site impacts, in particular, CO2, SOx and NOx emissions, water disposal and acid mine drainage.

Jan 1, 2003

By J. Siege1, R. S. Popielak

A computer model was used to simulate the effect of leakage through confining beds on a hypothetical in situ leach operation in an aquifer with a thin mineralized section. The simulations were used to assess economic and potential environmental implications of leakage on an in situ leach operation. Four scenarios were modeled - three representing cases with different degrees of confinement, and the fourth representing a stratified ore zone under a low degree of confinement. The model simulated the travel path and travel time of lixiviant given the hydraulic conditions prescribed in each scenario. The results show that the travel path and travel times vary by about 10% for confinement ranging from nearly impermeable (essentially no leakage) to an extremely low level (thin confinement with a permeability about equal to that of the aquifer) for isotropic aquifer conditions. The aquifer thickness contacted by the lixiviant varied from 85% to 90%. Horizontally, 55% to 60% of the aquifer was contacted. The flow paths in the stratified aquifer were reduced in the vertical direction and expanded horizontally. Forty- five percent of the aquifer thickness was contacted vertically with 88% contacted horizontally. Break- through time for lixiviant traveling at mid-depth of the aquifer increased two times when the leakage was increased from nearly zero to a value representative of thin and highly permeable confinement. Leakage affects the economics of in situ mining by (1) increasing the time required to leach out the ore, and (2) increasing the thickness of the ore zone aquifer to be restored. The potential for environmental impacts appears to be minor. In all four simulations, the lixiviant did not contact the confining strata. Restoration would be limited to cleanup of the ore zone aquifer within the thickness contacted by lixiviant and within the radius of the lixiviant that traveled farthest away from the production cell.

Jan 1, 1988

By W. C. Shanks

Metalliferous sediments and/or saline brines have now been discovered in numerous sea floor deeps along 900 km of the axial rift zone of the Red Sea (Fig. 1). The Atlantis II Deep remains the most interesting of the the brine deeps both in terms of intensity of submarine hydrothermal processes and in terms of potential economic importance. In fact, successful completion of a pre-pilot mining test in 1979 indicates that the Atlantis II Deep may become the first deep sea base metal sulfide mine (Mustafa and Amann, 1980). Under the most optimistic scenario, the Atlantis II Mine might be established 4-6 years after completion of a year long pilot mining test in 1983-84. If established, mining would produce about 100,000 tons per day of wet mud with about 200 tons per day contained zinc, and proportional amounts of Cu and Ag. Expected mine life would be about 15-20 years (Anon., 1981). In addition to direct economic importance, the Red Sea brines and metalliferous deposits provide significant insight into exploration for sea floor brine-related ore deposits and for analogous ancient deposits. In this paper I will concentrate on the economic potential of Red Sea deposits and sea floor exploration for brine related deposits, but some ramifications of relevance to ancient deposits are extant.

Jan 1, 1982

D. B. DOWLING,* Ottawa, Ont.-I do not propose to start any argument, but really there is a comeback to what Mr. Coste says.1 Geography is probably not geology, but geology is geography. You cannot regard structure as geography on the surface, but it is geology as soon as you get under the surface. In Canada, it is quite true that they went too close to the Rocky Mountains. When boring in the foothills, as Mr. Coste says, they were too close to the mountains where they got into a faulted area, and if there had been storage, it probably would have lost a good deal of the oil. The situation in the Calgary field is one that might be interpreted in many ways, but in front f the foothills there is a very deep syncline. The gas and oil that is recovered on the edge of the, foothills is of such a nature that we must assume that it is not the pure crude oil. It seems to be somewhat refined, or a condensation product. The solution, or at least the argument that appeals to me, is that as the deeper part of that basin is, say, 6000 ft. below sea level, there must have been some breaking up of the oil on account of pressure and of the heat, and we are getting gas, traveling up toward the surface in the foothills; and as it comes up, it probably condenses again, and is caught in folds on the edge of the syncline so that we have a natural condensing machine there. The oil is not found on the eastern side of the folds, it is found on the western side. On the eastern side and on the summit there is a little light oil, gasoline, we will say, blowing into the well once in a while; now that looks like a natural condensation of the gas and a storage behind the summit.

Jan 5, 1919

EUGENE COSTE, ? Calgary, Alta.-Evidently in Argentine they have a petroliferous province just east of the Andes where very much the same conditions exist as are found on the east side of the Rocky Mountains and in the plains adjacent. It strikes me, though, that the same mistake is being made in Argentine in the exploration for oil as was made in Alberta, Canada; viz., drilling the wells too .near the seepages in the belt in the eastern part of the petroliferous province, too near the mountains. This same mistake was made in Alberta, with disastrous results; viz., only fissure production was found. The strata so near the mountains are tilted at a very strong angle, such as is described in this paper, and the dislocations are intense. On the other hand, we have found that when we get 100 or 200 mi. away from the mountains we get into oil and gas belts which are very prolific. So far our fields in Alberta have been gas, but in Wyoming, as you know, they get many thousands of barrels a day. I have no doubt that conditions in Argentine are exactly similar but that they have so far kept too near the mountains and that they want to explore the belts farther east to obtain better results.

Jan 4, 1919

By Richard J. Leary

At the 1976 Annual Meeting of AIDE, Alan Merson reminded his audience that economic' success comes to those who understand things as they are, rather than as they have been or what ideology says they should be (1). He went on to say that, measured by this standard, the mining industry is in trouble. The mining firms had recognized long ago the importance of effective lobbying in Washington and the state capitals. But, he pointed out, those methods are nearly worthless anymore in coping with many land use problems because the critical decisions are likely to be made at the local level. There the tactics are far different as are the relations of the decisionmakers to the parties before then. Furthermore, in his estimation the trend is to leave land use regulation largely to the local level of government. All who are concerned for access to land for mineral development will be benefited by reading Professor Merson's paper lie is speaking effectively about the context of decisionmaking for specific cases, the shape of things in the here and now. There is, however, a longer-tern set of considerations that if pursued will be likely to foster the creation of public support for mining developments. At that sane meeting I spoke on two foundations of the long-term relationships: namely, the growth in requirements for minerals implied by projections of increasing consumption; and a rationale for fostering mineral exploration and development. I mentioned in passing the social decisionmaking process for public uses of land (2). This paper is intended as a complement. The growth of requirements for Minerals and the rationale for development based on the Entropy Law will be only mentioned. The main concern will be on the process of social decisionmaking in the context of access to land for mineral development.

Jan 1, 1976

By J. A. Drozdiak, W. Tse, P. P. Rosario

"In a recent publication (SAG 2015), we presented a non-conventional high pressure grinding roll (HPGR)-ball mill circuit as a lower capital cost alternative to the “standard” HPGR circuit. The circuit was designed for the treatment of a hard ore and relatively high tonnage (50,000 t/d). That paper provided details such as flowsheets, layouts, and equipment lists for the two options and compared their calculated capital costs demonstrating significant savings for the proposed circuit. This paper extends the analysis to a third option, a traditional semi-autogenous ball crushing circuit, giving the same level of details and now including the operating cost estimates for all three options for a more comprehensive analysis. Moreover, this work also provides information about the strengths and weaknesses of the non-conventional HPGR circuit when compared to the “standard” HPGR option.This study demonstrates that the proposed non-conventional HPGR-based circuit not only provides a lower overall capital costs for the project if compared to a “standard” HPGR circuit but also brings the capital cost to the level of the traditional semi-autogenous grinding (SAG)-ball mill circuits. In addition, the innovative HPGR circuit provides similar operational cost savings of the “standard” HPGR and thus a significant advantage when compared to the SAG option. With the current capital cost sensitivity for most greenfield projects, the proposed alternative circuit should help make HPGR-based circuits more competitive and thus promote the utilization of a technology that enables higher energy efficiency and reduced greenhouse gas emissions. INTRODUCTIONThe application of high pressure grinding roll (HPGR) technology in comminution circuits is well established for the processing of cement, diamonds and iron ore (Broeckmann & Gardula, 2005), and over the past 10–15 years, this technology has slowly been applied to hard ores in high-tonnage precious and base metal operations. Unfortunately, under the current economic climate, the ability to finance large capital projects has become very difficult and companies tend to have an easier time securing funding if the capital expenditures (CAPEX) are low with a proven process method. The traditional semi-autogenous grinding (SAG) mill / ball mill circuits easily fit into this mould, having been installed in countless plants around the world over the past 30 years with relatively low capital requirements. In contrast, it has been well-documented that HPGR-based circuits are capital intensive with complex material handling systems (Seidel, Logan, LeVier, & Veillette, 2006). Although these circuits benefit from reduced operating costs with the increase in energy efficiency and the elimination of steel grinding media (Rosario, Boyd, & Grundy, 2009), if the company is unable to secure financing to build the plant, these advantages remain out of reach. With the current trend to retrofit existing SAG circuits with a secondary crushing circuit to achieve design throughput, the opportunity to circumvent this gross inefficiency by making HPGR-based circuits more capital friendly would greatly benefit the industry."

Jan 1, 2016

By John O. Galloway

"The year 1947 was a momentous one in the history of the petroleum industry in Canada. It was in that year that Imperial Oil Limited made its discovery at Leduc, the forerunner of other discoveries, large and small, and the spark wl1ich started a most intensive exploration and development programme there.If, to use boxing parlance, Leduc was the first blow of a one-two combination which left doubting Thomases groggy, then Redwater was the number two blow which achieved the knockout. The oil industry's exploration leaders did about-face without delay and the rush of oil operators of all classifications to western Canada began. It is still continuing, and the influx of capital which the operators have brought in and are bringing in has a bouyant effect upon the over-all economy. The boom is on, but it is a sound one, and it is difficult to conceive that it will have anything but the most beneficial effect on Canada, and particularly western Canada.The petroleum industry is an important segment of the general economy. Its activities call for tremendous amounts of capital; its employees are well paid; it is a large customer for a wide range of products of other industries; its commodities are essential to the citizens and the nation.The industry is carried on by highly aggressive and independent groups and individuals, of which a small minority are integrated while the majority are relatively small operators engaged in only one or two phases of the business. Competition is the rule and, since the nature of the business is mass production, the industry is faced from time to time with serious problems, many of which are peculiar to it."

Jan 1, 1950

By Rodger C. Smith

The topic chat has been assigned to me ?Economic and Political Climate of the Potash Industry? is a function of two basic facts: 1. Potassium is absolutely essential to plant and animal growth. Along with nitrogen and phosphorus it is one of three major plant nutrients, the three nutrients required in largest quantities for plant growth. 2. United States is unequivocally an "have not" nation with regard to potassium. Quantity of potassium ores is limited and, more disturbing, the cost of production at all U.S. potash mines is marginal in comparison with the major producing countries, i.e. Canada and U.S.S.R.

Jan 1, 1983

By Tapan Goswami, Brent Geoff

Mining multiple steeply sloping coal seams introduces challenges in terms of safety and productivity. Work on steeply sloping surfaces for the processes of bench preparation, mark-out, drilling, loading and blast tie-up, coal cleaning and recovery is inherently hazardous. Furthermore, a large number of mining cycles is usually necessary, as small rounds are required and each layer is separately drilled, loaded, blasted and excavated. This exposes personnel and machines to additional risks and also incurs higher unit costs of mining as machine productivity is reduced. A case study is presented of a mine in New South Wales, Australia where three coal seams are separated by layers of inter-burden rock. Due to the unfavourable sloping nature of the coal seams the conventional practice was to drill and blast each layer separately.

Jan 1, 2010

By AIME AIME

LIFE in few countries is dominated by geographic conditions to the degree that it is in Peru. The broad plateau of the Andes, bordered by lofty ice-clad ranges with deeply eroded flanks, imposes a pattern on the region to which most human activities must conform. On the Pacific side, desert conditions prevail, interrupted only by irrigated valleys along rivers that descend from the highlands. Above seven or eight thousand feet the rocky ridges become grass covered, and the central zone is one of high pastures with cultivation in the valleys or on terraced slopes except at altitudes over 15,000 ft. where glaciated landscapes prevail. Each of the three belts has its own distinctive resources and climate, and each its own special ways in which its inhabitant, must make a living. The Pacific region is one of the most arid regions in the world. Except for the irrigation, the country is an unmiti¬gated desert. The climate, in spite of the tropical latitudes, is mild with the heat relieved by air from the adjoining cold ocean. Fogs are prevalent throughout the winter months but precipitation is scarcely measurable. Ideal conditions exist for cultivation of sugar and cotton which are the dominant crops. Lima, the capital. situated in one of the most productive valleys, is an impressive city which in its modern development is well maintaining the high position it held when it was the

Jan 1, 1945

By D. V. Bush

The economic application of real time computer control can be broken down into 2 broad areas of concern. The first would be in gaining the most efficient utilization of energy. The second would be in improved product quality. This paper will be primarly concerned with the first area of efficient energy utilization as that area has the greatest effect on costs and thus net profits. Most process control strategy attempt to achieve the greatest comminution with the least amount of energy thus maximizing efficiency. A more direct approach to energy control involves a total mine and mill energy management system. In most cases these systems have an ability to achieve a very short payback period with the greatest return on investment.

Jan 1, 1986

By Galen H., Clevenger

THE first and most important thing that affects the majority of lead producers in the Rocky Mountains and the western mining regions is that zinc in an ever-increasing degree is inseparably associated with the lead. The Sullivan mine in British Columbia is not only a great lead mine, but also a great zinc producer. This mine could not reach its full measure of productiveness, nor was its great value established, until a reasonably good physical method was developed for separating the lead from the zinc prior to the recovery of each metal by an appropriate process. The western metallurgists and also metallurgists in other parts of the world have long faced the lead-zinc problem. This for many years stimulated a great deal of experimental work looking toward the development of a physical or chemical method of separating lead and zinc in concentrated form from complex ores. Space will not permit of going into this work in detail, but it is sufficient to say that with but few exceptions the western lead smelter continued smelting charges many times too high in zinc for the most efficient operation of lead furnaces. The zinc was not only lost, as the zinc content of many a western slag dump bears mute testimony, but the cost of lead smelting was increased by reason of the presence of the zinc. The owner of the ore under these circumstances could be paid nothing for the zinc and, indeed, he was penalized for it

Jan 1, 1926

By R. R. Sacrison

The Barrick Mercur Gold Mine lies in the Oquirrh Mountains of northern Utah. Limestone, sandstone, shale, and chert are the predominant rock types being mined. Recent expansion has encountered rhyolite. Lithology and structural attitudes control most mechanical behavior. Slope steepening, mine planning, and site selection are presented as means by which geological engineering has contributed to the economics of the operation. Geomechanics investments of approximately $700,000 have resulted in cost savings or additional production worth over $16,000,000.

Jan 1, 1990

By V. T. Stringfield

ONE of the earliest investigations of ground water in Florida was made in 1513 when Ponce de Leon arrived at St. Augustine in search of the Fountain of Youth. The history of the development of the water resources of the State shows that the large artesian reservoir that underlies Florida was discovered in the latter part of the last century. Part of that history is given by L. C. Johnson1 who states that the first successful artesian well in Florida was drilled at St. Augustine between 1880 and 1882. After the City of Jacksonville failed to obtain a flow of artesian water at a depth of nearly 400 ft and abandoned the drilling, R. N. Ellis, City Engineer, and L. C. Johnson, using Johnson's knowledge of the geologic structure of the artesian reservoir, estimated correctly that artesian water could be obtained at a depth of about 500 ft. Thus began the development of the large artesian system in the northeastern part of the State. In 1908, the Florida Geological Survey issued its first report on the ground water of central Florida.

Jan 6, 1951

By R. B. Elver

The level of steel consumption per capita is one of the principal indicators of a country's standard of living. It is no coincidence that the materially advanced nations possess viable iron and steel industries to provide a reliable and economic source of steal for the manufacturing industries. No other metal is as dominantly important in manufacturing as steel. The blast furnace - steel furnace complex based on coking coal, ferrous scrap and iron ore - continues to be the principal steel-producing method. Less important is the electric furnace method based on scrap, In recent years, there has been considerable interest in the many direct reduction processes that are not dependent on coking coal but usually produce a product for further refining in steel furnaces. No matter which series of processes are used, iron ore is essentially the only source of virgin iron units. Thus, to such a vital and capital-intense industry as steel, access to a relatively inexpensive, long- term supply of iron ore is essential.

Jan 1, 1964

By Leland O. Erdahi

Many problems have surfaced in our economy during this decade, and the mining industry has certainly had its share: huge capital outlays for environmental controls, volatile markets, double-digit inflation, inadequate capital markets, political uncertainties-plus shortages of energy, manpower, supplies, and equipment. All these and other problems have left their visible marks on the economy of our industry. Solutions are slow in coming; perhaps, in some instances, there are no right answers. However, it appears that many companies are using joint ventures to an increasing extent in efforts to reach partial solutions to some of these problems. A joint venture does present an economic alternative that should be examined-especially when trying to answer questions arising within the current economic context. The dictionary defines "venture" as an undertaking involving chance, risk, or danger. The word was originally applied to hazardous undertakings involving delivery of cargoes to distant ports and subsequent disposition of the merchandise, but it is now applied to any project of limited scope and temporary duration. When two or more entities join in such a project, it becomes a joint venture, and this is the context in which I have used the term. Joint ventures may be formed for exploration, for development of a new ore body, or for expansion of an existing operation. Each requires different approaches for negotiating and drafting the agreement governing the conduct of the joint venture.

Jan 9, 1975

By M. C. LAKE

THE industrial development of the United States has been stimulated by the presence of high-grade iron ore in the Lake Superior district. These great deposits have been susceptible to economical extraction and are conveniently located for cheap lake vessel transportation to the great consuming centers. The district furnishes from 80 to 85 per cent of the iron ore annually consumed in the United States, and a full understanding of the available supply of this great commodity is so important that it is well to consider whether or not the industrial supremacy and national independence attained as a result of the abundance of cheap ore are permanent. The enormous deposits of high-grade ore available in the Lake Superior district have been the foundation upon which the vast industrial structure of the steel and allied industries has been built. It is extremely important to the country as a whole, and especially to those States and communities now dependent on Lake Superior ore for their prosperity, that their industries shall retain the particular advantages with which they are now endowed, and that a generous supply of high-grade raw material be available for their consumption at a satisfactory cost. The steel industry is so basic and fundamental that any fluctuation in the cost of its finished products as determined by the supply and cost of the raw materials involved in its manufacture will necessarily affect the business of a wide variety of industries which are dependent on it.

Jan 1, 1926

By Dirk van Zyl

Pad construction costs can impact the overall economics of heap leach projects. Pad construction costs for single-and double-lined pads, using various designs, are listed for a typical small and large project. Double-lined pads are now more often required by regulatory agencies. Unless such designs reduce the risk of site specific contamination significantly, the extra costs cannot be justified from an economical viewpoint. Specific attention is given to the short project life (typically five years) of heap leach projects. A few numerical examples are presented to demonstrate the overall economic impacts of these costs on economic parameters.

Jan 1, 1990

By R. J. Sweigard

The effects of postmining land use planning are addressed in this paper. These effects may include savings in reclamation costs and increased value of reclaimed land. However, this may result in greater planning costs and possible delays in production. Therefore, an economic analysis was undertaken in an effort to determine the importance of each potential result and to quantify the overall economic impact of postmining land use planning. A discounted cash flow analysis was performed using a surface mine cost model to analyze the sensitivity of selling price to changes in various postmining land use planning parameters. As a result of this analysis it was determined that the profitability of a project is most sensitive to delays in production, particularly, if the delay occurs after major investments have been made. Many methods have been proposed for evaluating postmining land use alternatives (Sweigard and Ramani, 1981). Both quantitative methods, such as benefit-cost analysis (Brock and Brooks, 1968), and nonquantitative methods have been proposed. The application of one specific analytical method is pursued in this paper.

Jan 1, 1985