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The basic principles of mineral valuation were recognised and propounded at the beginning of this century and have remained virtually unchanged since then. Valuation is seen as a two part process commencing with a technical examination of the mineral property followed by a manipulation of the results of the technical examination in order to determine the monetary value of the project. A thorough and competent technical examination was seen then and remains now as the essential but not sufficient foundation for reliable valuation. All authors stressed the need to maintain the integrity of the data base and to ensure adequate coverage of all relevant aspects. The monetary valuation process through most of the first half of this century was mainly based on the Hoskold two rate method, derived from the formulae for valuing annuities but modified to provide explicitly for recovery of capital. Though the basic principles of valuation have not changed significantly, the means of implementing the components of the technical examination, the styles of deposits being evaluated and the mechanisms of monetary valuation have changed dramatically. Despite all the technological improvements, however, mineral valuations are still as apt to vary from realised performance as at any time in the past. As well, mineral property valuations are now being extended to cover all assets of potential value, including valuation of exploration tenements with or without identified resources. Valuation of exploration tenements will continue to be one of the most difficult and contentious of valuation tasks.

Jan 1, 1994

By Derek J. Fray

The need for on-line sensors is outlined and it is demonstrated that the control of many processes is prevented by the availability of these devices. The use of solid electrolytes is described for the sensing of elements in molten pyrometallurgical phases. In the cases where there is no suitable electrolyte, the addition of a second phase of a compound containing both the element to be measured and the element whose ion is mobile in the electrolyte can be used. For the measurement of high concentrations of an element a method based on current measurement is proposed.

Jan 1, 1994

By Bror Nyrnan

Solvent extraction technology and equipment have been developed within Outokumpu since the early seventies. During this period altogether nine solvent extraction processes for molybdenium, zinc, rhenium, cobalt, nickel, calcium and magnesium have been commercially adopted in Outokumpu's metallurgical plants. During last years a new mixer-settler concept based on a "Vertical Smooth Flow" (VSF) principle has been developed. It has also been found to be a good method for copper solvent extraction, decreasing essentially the crud formation and the organic and aqueous entrainments.

Jan 1, 1994

By D. J. Bowen

"Abstract -The Great Dyke extends for 540 km along strike, to unknown depth, and varies in width from 3 km to 11 km. Rb/Sr age determinations gives values of approximately 2470 Ma.The Dyke consists of a variety of mafic and ultramafic rocks, many altered to serpentinites. These include, from top to bottom, successions of gabbro/norites, pyroxenites, peridotites/harzburgites, and dunites/picrites.The layers dip in from either margin, steepest at the edges (20°) and flattening toward the central sections. Four separate complexes are present. From north to south these are termed the Musengezi, Hartley, Selukwe and Wedza Complexes, and are described as 'boat-shaped' or 'pig-troughed'. All are similar in petrological sequences. Physiographically, the Dyke is spectacular in the north, where as a mountain range it meets the Zambezi Escarpment. Elsewhere in the central parts there is little surface expression and wide open treeless vleis. Dyke rocks cut through granite and schist belt terrain and are termed 'The Magnesia Belt'.Vast mineral resources exist. These include chrome, asbestos, platinoids, nickel, copper and gold. Up to eleven chrome seams numbered from top to bottom occur in the lower ultramafic sequences. Seams are narrow at 10 cm to 30 cm but of high grade. The platinum occurs 10 m to 40 m below the norite/pyroxenite contact.A 60 m wide zone of Light Sulfide Mineralization (LSM) of Jess than 1% sulfides extends from the lower gabbronorites into the upper pyroxenites. In this LSM, four enriched zones carry up to 5% sulfides. The most widespread is termed the Main Sulfide Zone (MSZ), below which is No. 2, No. 3 and No. 4 Sulfide Zones. The MSZ carrying pyrite, pyrrhotite and chalcopyrite is a multi­ element ore with components of PGE (Pt-Pd-Rh), nickel, copper and cobalt, and gold and silver.Extensive exploration programs have been carried out and the intention is to begin large-scale mining. However, with Russia supplying metals to the western markets, South Africa's cutback on production, and an end to the Cold War, delays have arisen."

Jan 1, 1994

By Ulrich Paschedag

The WESTFALIA group of companies developer and manufactures underground mining machinery for complete high-performance longwalls. WESTFALIA uses a state of the art electrohydraulic system as the most important component for the realisation of today's fully automated plow or shearer longwall. The shield control unit (SCU) allows maximum custom designed software flexiblity as well as maximum hardware reliability. The master control unit (MCU) monitors shield support data as well as the plow/shearer position. By using an industry standard PC in an explosion-proof box with an intransically safe keyboard nearly unlimited software capabilities can be obtained with inexpensive hardware. Among various other modes of operation this MCU allows the monitoring and recording of data which can be transmitted to a surface computer. Production and operational adjustments can be made by the mine management based on the MCU information. Statistical analysis of the distribution of roof pressure under various conditions is also possible. The WESTFALIA automation system PM-4 gives the operator maximum flexibility and helps the mine management to run their longwall more efficiently and safely.

Jan 1, 1994

By Erik Sherer

Indonesia is poised to become a major player in the Pacific Rim thermal coal markets. Although the colonial Dutch developed numerous coal mines in the late 1800's for steamship bunkers and domestic fuel, Indonesia's coal industry has only recently begun to actively participate in the growing global marketplace. This export coal is primarily the result of the commercial development of coal mines in eastern Kalimantan by foreign contractors. From virtually no coal exports in the late 1980?s, Indonesia's coal industry has increased its exports to approximately 15 million metric tons (Mmt) in 1992. In 1992, Indonesia was the world?s sixth largest exporter of steam coal, By the year 2000, Indonesia projects that it will supply approximately 25 percent of the seaborne thermal coal requirements of the Pacific Rim countries. Although limited quantities of this coal may enter the European and U.S. markets, high qualities, low production casts, and favorable transportation rates will make Indonesian coals very competitive in the rapidly growing Pacific Rim markets. This study examines the Indonesian coal mining industry and compares it to the U.S. coal mining industry. This report is the sixth in a series of coal exporting country studies requested by the House Appropriations Committee. Previous studies examined the Colombian, Canadian, Australian, South African, Polish, and Venezuelan coal industries.

Jan 1, 1994

By Richard S. Fowkes

Advanced technology, including automation and computerized information systems, is being adopted in mining at an ever-increasing rate to improve safety and productivity and to decrease overall costs. This U.S. Bureau of Mines report focuses on the human factors issues related to advanced technology. Among the significant facts discovered were the following: Experts studying tile design adoption, and implementation of new technology have stated repeatedly that human factors specialists should be involved from the early planning stages, through design and fabrication, and up to and during production, since human factors has been consistently identified as the biggest obstacle to the efficient utilization of new technology. Also, middle management is generally the greatest obstacle to the adoption of advanced technology, this technology can give rise to worker alienation, boredom, stress, job insecurity, and a sense of isolation; training most of the present work force is more cost effective than hiring new workers; workers are willing to accept new technology if they are given a voice in its implementation; the social and the technical systems should be jointly optimized; and with the intro¬duction of advanced technology, the cognitive or mental, rather than the physical, aspects of human-machine interaction must be emphasized.

Jan 1, 1994

By Robert H. Peters

This U.S. Bureau of Mines report identifies the types of serious accidents that occur most frequently at small underground coal mines and describes the strategies that could help prevent these accidents. A wide variety of methods for improving safety are suggested, including improvements in the design of equipment, work procedures, work schedules, safety programs, and emergency response plans, as well as techniques for diagnosing the potential hazards associated with new technologies and work procedures. Some of the papers in this volume focus on preventing specific types of mining accidents-ones associated with materials handling (primarily back injuries), equipment maintenance, improper machine guarding, and ground failure during retreat mining. Although the recommendations in this volume are heavily influenced by research performed at underground coal mines in the Appalachian coalfields, most of the papers contain advice that is equally pertinent to almost any type of mine.

Jan 1, 1994

Our mission is help ensure our country has an adequate, dependable supply of minerals and mate al to meet its national security and economic needs at acceptable social, environmental, and economi[c] costs. We do this by promoting and encouraging private enterprise in the development of viable and stable mineral industries through the transfer of innovative extraction, processing, recycling, an environmental technologies; our use of cooperative partnerships with industry, academia, an government; our timely, authoritative worldwide mineral intelligence; our advocacy of public policies based on good science and sound economics.

Jan 1, 1994

More gold is being produced now than ever before in recorded history. All over the world huge quantities of ore are being mined and processed, thanks to historically high prices for gold and the use of processing techniques demonstrated as cost efficient in the last 20 years. Over the past 10-15 years prices for many other metals have been depressed, and gold has accounted for a significant proportion of worldwide exploration and development expenditures(l)1. The revenues generated from gold mining are providing greater return on investment, more jobs, and more tax revenues to national governments than ever before. Emerging nations are using the gold industry as a springboard for development; developed nations are continuing to fuel their economies with gold industry revenues; and China and countries of the former Soviet Union are using the gold industry to generate foreign exchange, modernize their mining industries, and take the first tentative steps toward private sector participation in their economies.

Jan 1, 1994

By Christopher Mark

This proceedings volume contains papers presented at W U.S. Bureau of Mines (USBM) technology transfer seminars on New Technology for Longwall Ground Control. These seminars were conducted in Washington, PA, on April 12, 1994, and Denver, CO, on May 10, 1994. The papers herein describe several new, highly practical USBM technologies now available for ground control in longwall mines, including lie Coal Mice Roof Rating (CMRR), cable bolts, the MULSIM/NL model, and the Wood Crib Performance Model. Other significant topics addressed include longwall panel layout, coal pillar design, horizontal stress in longwall mines, roof support selection for gate entries, and ground control monitoring.

Jan 1, 1994

The 53 countries that constituted Africa in 1992 accounted for a significant portion of total world output of a number of mineral commodities. However, the continent's total output for a number of major mineral commodities declined relative to the volume produced during 1991. (See tables 1 and 2.) The most conspicuous declines in mineral production from 1991 to 1992 were for cobalt and copper (declines of 28.6 % and 23.4 %, respectively), which could be partially attributed to mining and metal processing difficulties caused by political and economic disruptions in Zaire and for uranium (12 % drop), for which much of the continental production decline was ascribed to Namibian cutbacks in response to lower world prices. The severe regional drought also adversely affected the mineral industry in a number of sub-Saharan nations.

Jan 1, 1994

By C. Babcock

When a flat-lying mineral deposit such as a coal seam is mined, some coal is left to separate the roof and floor so that miners and machines can safely mine the seam. The mineral left is in the form of mine pillars. If too much is taken, support problems and unsafe working conditions result. If too little is taken, the mining operation will be unable to compete economically with other mines. Therefore, one must select pillars of the optimal size to maximize mining recovery and minimize risk to miners and equipment. Later, if the pillar support is no longer needed and the surface can be allowed to subside the thickness of the coal seam, then the pillar support can be removed to increase mining recovery, and initial pillar size is not as critical. Only a small part of the information available on pillar design can be presented here. The purpose of this report is to summarize some of the work done by the U.S. Bureau of Mines and others on pillar design, which is reported in the literature from 1833 to the present, and present rock mechanics test results that aid in understanding mine pillar behavior. The variable names used are those of the authors cited. This results in multiple use of some variable names.

Jan 1, 1994

By Steven R. Davis

Voyageurs National Park in northern Minnesota, and a 30-mile radius area of influence on the United States side of the International Border, was examined for hardrock (nonferrous metallic minerals and diamonds) mineral potential and environmental sensitivity by the U.S. Bureau of Mines. The investigation also included an analysis of current Metallic Minerals Leasing Rules of the State of Minnesota, and the probable effects of changes proposed to the current rules by the State of Minnesota in order to "encourage mineral exploration and development." The study has determined that the proposed changes to the Minnesota State Leasing rules will have minimal, if any, impact on the likely, foreseeable levels of mineral-related activities in the State as a whole, and particularly, in the area of influence to the Park. Voyageurs National Park management was advised on the extent and character of the proposed rules changes, and on those items of concern meriting a specific and timely response by the National Park Service.

Jan 1, 1994

Jan 1, 1994

The research described in this report was conducted under a cooperative research agreement between the U.S Bureau of Mines Twin Cities Research Center (TCRC), Cleveland-Cliffs Inc. (CCI), and three operations in Northern Michigan managed by CCI: the Empire and Tilden surface taconite mining operations, and the Central Shops maintenance facility. All of these operations are in or near Ishpeming, MI. The Human Factors Research Group at TCRC is responsible for designing, planning, and conducting the research, and reporting on the findings. This project was carried out in order to investigate the high prevalence of back injuries being experienced by workers employed at the three CCI Northern Michigan sites, In an analysis of Company accident records for workers employed at these sites, it was determined that back injury problems confronting the CCI sites mirror those confronting the entire mining industry.

Jan 1, 1994

Jan 1, 1994

The domestic mineral and material industry grew in some key sectors and declined in others during 1993; overall, the industry was poised at yearend for stronger growth in 1994. Metals production is expected to increase with anticipated growth in U.S. motor vehicle sales. There also may be increased demand for industrial minerals in 1994 based on domestic highway and building construction. Additional information on events, trends, and issues in the mineral and material industry is presented below and in the commodity sections that follow. Overall Industry Performance The value of processed materials produced from minerals in the United States during 1993 is estimated to have been about $326 billion, an increase of 5% compared with that of 1992. The estimated value of U.S. raw nonfuel minerals production in 1993 was $31.6 billion, about 1 % less than in the preceding year. The value of domestic minerals production has risen in 28 of the last 33 years.

Jan 1, 1994

Mine drainage and mine reclamation are topics of major interest to the mining industry, federal and local governments, and the general public. This publication and its companion three volumes are the proceedings of a conference held in Pittsburgh, Pennsylvania, April 24-29, 1994. There were twelve sessions (69 papers) that dealt with mine drainage, including modeling, geochemistry, prediction, treatment, control strategies, characterization, hydrology, and case studies. These sessions comprise volumes 1 and 2. The six sessions (34 papers) that dealt with reclamation and revegetation of disturbed lands are included in volume 3. Volume 4 includes the six sessions (34 papers) that dealt with such topical issues as fires at abandoned mine sites, subsidence, hydrology, mine wastes, and policy. Poster session presentations are represented by 49 papers and 92 abstracts that have been placed in the back of volumes 2, 3, and 4, consistent with the subject of that volume.

Jan 1, 1994

Mine drainage and mine reclamation are topics of major interest to the mining industry, federal and local governments, and the general public. This publication and its companion three volumes are the proceedings of a conference held in Pittsburgh, Pennsylvania, April 24-29, 1994. There were twelve sessions (69 papers) that dealt with mine drainage, including modeling, geochemistry, prediction, treatment, control strategies, characterization, hydrology, and case studies. These sessions comprise volumes 1 and 2. The six sessions (34 papers) that dealt with reclamation and revegetation of disturbed lands are included in volume 3. Volume 4 includes the six sessions (34 papers) that dealt with such topical issues as fires at abandoned mine sites, subsidence, hydrology, mine wastes, and policy. Poster session presentations are represented by 49 papers and 92 abstracts that have been placed in the back of volumes 2, 3, and 4, consistent with the subject of that volume.

Jan 1, 1994