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By C. Tissot, R. Palmer

"Due to the low concentrations of gold, direct measurement of gold concentration in ore on belt has not been seriously considered to now. Pre-concentration or sorting strategies have largely consisted of particle sorting based on secondary characteristics such as colour, which can be successful in select cases. CSIRO has produced sample measurement results using gamma activation analysis of ~300 gm samples with accuracies of around 30 ppb at best. With this encouragement, a feasibility study into gold ore measurement on belt for the purpose of sorting pods of gold ore has been undertaken. The study described here included, prototype design options with existing industrial Linacs, extensive Monte Carlo modelling of measurement sensitivity and shielding, further sample measurement, a study of the interaction of target measurement accuracy and sorting efficiency, and a rough estimation of potential economic benefit. The projected model sensitivity of around 0.1-0.15 ppm (1 standard deviation) in 10 seconds for 1 ppm average feed result in good bulk sorting performance and intriguing economic potential.INTRODUCTION Pre-concentration or sorting strategies for gold ores have largely consisted of particle sorting based on secondary characteristics such as colour or density, which can be successful in select cases (Klein, 2010). No method is available to measure gold content for sorting in particles or even in bulk on belt, principally due to the low concentrations of gold present. In fact, in many cases it is difficult to do rapid bulk grade measurements of base metal ores with concentrations many orders of magnitude higher. By a fortunate quirk of nature gold is particularly amenable to gamma activation analysis (GAA). CSIRO has performed extensive work in GAA of samples of crushed ore (Tickner, 2017). This has resulted in the Photon AssayTM technique that is currently being commercialised through the CSIRO spinoff company Chrysos. The technique relies on the recent availability of industrial high intensity X-ray sources such as Linacs which are currently being used in industry for security, medical and sterilisation applications. This development has led to CRC ORE funding a feasibility study to determine whether on-belt measurement of gold concentration is possible at a rate and accuracy sufficient to be useful for bulk sorting, where pods of ore are diverted rather than individual rocks. The study in the first instance is based on Monte Carlo modelling that has successfully predicted the performance of the sample based gold measurements. As well as the measurement feasibility consideration was also given to the likely heterogeneity of gold ores and hence the degree to which useful separation could be achieved. This is then tied to a back of the envelope evaluation of the order of magnitude economics of bulk sorting in an example deposit."

Jan 1, 2017

This paper presents an overview of a program PC-BC developed for application to the design and evaluation of block cave operations. Conventional mine planning software tools are not well suited to the evaluation of this type of deposit. The paper looks at the modelling approach as applied to a block cave mining project. The following steps are described:Initial preparation of data including block models, draw point footprint geometry and draw cone geometry. Computation of individual draw point reserves. Procedure for modelling of vertical mixing of material within each draw point and subsequent determination of the best height of draw for each draw point based upon an economic cut-off value. Smoothing of draw heights amongst neighbouring draw points to produce a realistic draw envelope. Mineable reserves within the envelope are then computed. Tools for preparation and evaluation of various production schedules. This includes definition of draw rates, and rates for commissioning new draw points. In an operating mine, the capture and analysis of daily draw tonnages is important. How PC-BC accommodates this is described as well as the processes for depleting the draw column reserves. In the 12 years since the program was first developed, it has been used on a number of projects for feasibility studies and operating mines. Some practical examples of the use of the program in these projects are presented. Finally, some commentary on the sensitivity of various parameters is presented. Particular emphasis is placed on the overall footprint design.

Jan 1, 2000

By Richard W. Bayley

The Atlantic City district encompasses several districts and has been previously called by different names, e.g., Atlantic gold district, Atlantic City-South Pass mining district, and Sweetwater mining district. The district is located in a terrane of folded and faulted early Precambrian metamorphic rocks which lies near the south end of the Wind River Range in Fremont County, Wyoming, Historically it is a gold district of little production, but today is an iron district of considerable importance. Gold was discovered in placer deposits about 1842 and in quartz-arsenopyrite veins about 1867, after which there occurred a mining boom lasting a few years. Minor, intermittent gold production from placers and lodes has continued to date, but the total production has probably not exceeded a few millions of dollars. Past lode mining was generally shallow ( in the oxidized zone), the deepest about 3 60 feet. The deeper, less oxidized and sulfide ores on the same lodes have not been explored. They appear to hold the only hope for future gold mining. Sedimentary iron-formation, similar to the Lake Superior taconite, occurs in the northern part of the district. Locally, where the ironformation is thickened by folds and faults, sufficient tonnages are present to be minable, as at Iron Mountain, where the U.S. Steel Corporation produces about 1.3 million tons of iron-ore pellets annually. Exploration of the iron deposits began in 1954, and the first ironore pellets were shipped to Provo, Utah in August 1962. Indicated reserves of iron-formation (about 30 per cent Fe) are reported to be about 300 million tons.

Jan 1, 1968

By W. W. Adams

The accident-prevention record of the coal-mining industry in the United States was more favorable in 1936 than in 1935, both from the standpoint of the relative safety of the individual miner on the job and of the price in life and limb that the Nation paid for its year's supply of coal. The increase in relative safety of the individual miner was indicated by a lower death rate and a lower injury rate than in the preceding year per million man-hours of exposure to the hazards of mining; that is, per million hours of work performed by the employees. (See table 1.) A reduction in the price in life and limb that the Nation paid for a year's supply of coal was indicated by a smaller death rate and a smaller injury rate per million tons of coal produced. Thus the individual miner was a better insurance risk, as far as accidents were concerned, in 1936 than in 1935, and a ton of coal used in the homes and industries of the country represented less human suffering than in 1935. The two points of view are distinct, and both should be kept in mind when considering accidents and safety in coal mining or in other industries. More men were employed in 1936 than in 1935, and more workdays were available for the individual miner. Large gains were also made in the total number of man-shifts and man-hours worked in the industry as a whole. In number of tons of coal mined, 1936 showed large gains over 1935. Moreover, the average output of coal per man-hour worked was higher in 1936 than in 1935. All of these gains were made without lengthening the average number of hours of work per man per day.

Jan 1, 1939

By Sydney H. Ball

It is a peculiar anomaly that while the world uses the term "rich as a gold mine" as the superlative figure of speech descriptive of wealth, the shares of gold mines are not as popular investments in America as certain of them should be. One of the most able of Manhattan's bankers is a director in an investment trust with a portfolio the value of which has gone the way of other such portfolios. Luckily a couple of years ago a few hundred shares of Homestake were purchased, and since then the trust has not only received therefrom satisfactory dividends but has benefitted from a large appreciation in their value. At each directors' meeting, however, the banker in question, Cato-like, suggests the sale of these shares, gold shares being, in his opinion, too speculative to be included in the portfolio of any trust. A short time ago the financial pages of one of our great metropolitan papers featured an article listing the corporations still paying dividends at the 1929 rate. Gold-mining shares were, the article stated, excluded, although in reality every gold mine on the New York Stock Exchange paid higher dividends in 1932 than in 1929. This 'Alice in Wonderland' treatment of the gold-mining shares is admittedly a bit confusing to those of us who believe that the shares of certain gold-mining companies have a rightful place in any well diversified portfolio. It should, however, here be recorded that whereas, fifty years ago, in America, gold-mining shares were considered by the public as instruments of nefarious gambling, now shares of the better gold mines are sought by astute investors. In England for well over a generation their value as sound investments has been widely recognized.

Jan 1, 1933

By McKay AD

The bulk of Australia's uranium resour- ces was delineated in the last 18 years when a total of $563 million (1984 dollar values) was spent on uranium exploration. Australia's share of the low-cost Reasonably Assured Re- sources in the World Outside the Centrally Planned Economies Area (WOCA) increased from 1.5% in 1967 to 29% by the end of 1984 and its share of the low-cost Estimated Additional Resources (Category I) then stood at 25%. As of December 1984, Australia's uranium resour- ces were estimated by the BMR to be: Cost range US$80/kg U (US$30/lb U301) Reasonably Assured Resources 463 000 t U Estimated Additional Resources(I) 251 000 t U Cost range US$80-130/kg U (US$30-50/lb U308) Reasonably Assured Resources 63 000 t U Estimated Additional Resources(I) 126 000 t U The increases in Australia's resources was sustained by a group of large and rela- tively high-grade deposits which were disco- vered during the period 1969 to 1975. Austra- lia's share of the low-cost resources was also enhanced by a contraction of WOCA's low-cost resource base due to escalation of production costs for smaller low-grade deposits. Most of Australia's uranium resources are contained in the Proterozoic unconformity- type deposits of the Alligator Rivers uranium field and the stratabound deposit at Olympic Dam on the Stuart Shelf. Most of the remain- der of Australia's uranium resources is con- tained in calcrete-type deposits. Less than 10% of Australia's uranium resources are in sandstone-type deposits. Total Australian production to the end of 1984 amounted to 26 241 t U, representing 3.4% of WOCA's cumulative production. Aus- tralia's share of WOCA's annual production has steadily increased from 1.3% in 1977 to 11.2% in 1984 (4390 t U). The increases in Austra- lian production took place in the face of reductions of production in WOCA countries, principally the US, from a record level of 43 988 t U in 1980 to about 39 000 t U in 1984. New low-cost production centres, mainly in Australia and Canada, have partly compen- sated the decline in US production. The Department of Resources and Energy (1985) reported that Australian exports of yellowcake are expected to reach 10 000 t U308 (8480 t U) by 1993/94, representing an in- crease of about 13% oer annum.

Jan 1, 1986

By E McLean

The decision making check-list and hierarchy of information for process and plant design is generally wide-ranging and complex. The nature of grades, mineralisation and ore types in an ore body, its mine development sequence, and the body of results from metallurgical and physical test work present complex and competing influences on flowsheet development, values for design, equipment selection, plant efficiencies and operating strategy. The challenge is how to manage all these variables, to understand their impacts on performance, and how best to provide a cost-effective plant design and robust process that meets daily/weekly/monthly operating objectives. Throughput, production and grade or product specifications need to be met. The ore body is not average; its range of metallurgical and physical characteristics may be moderately to highly variable. This paper assesses some of the key competing influences and conflicting issues in design and equipment selection, and their effect on production and performance expectations.

Aug 8, 2011

By J Rostami, T Afshar, M Sharifzadeh

Accurate estimation of rock load and selection of types of ground reinforcement to match post-failure behaviour of rock mass are important issues to assure tunnel stability. This paper focuses on the main factors affecting rock load to evaluate the capabilities of the existing models for prediction of rock load. Rock mass properties, project features and excavation method, as well as ground conditions and stress condition were found to be the key factors affecting the magnitude of rock load. Field data from tunnels of about 37.5?km driven in several geological structures in non-squeezing ground was used in this study. An in depth statistical analysis was performed on data to find correlations between the input parameters and measured/observed rock load. A weighting system was proposed to obtain the proper contribution of each factor for estimation of rock load in tunnelling through various ground conditions. The new classification system offered predicted values for rock load that were in a good agreement with the actual field measurements. The high disturbance factor (D>0.4) was the prime factor which controlled the rock load. Rock mass quality was the second key factor influencing rock load, which could be estimated by GSI, GSIresidual , especially when combined with tunnel depth.CITATION:Afshar, T, Sharifzadeh, M and Rostami, J, 2014. Estimation of rock load for tunnels with different disturbance factors, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 3–8 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By A. F. Silva, R. Dockendorff, J. M. Girao Sotomayor, V. F. Navarro Torres, C. Castro

This paper shows the importance of performing probabilistic analyses in open pits, especially for mine planning, which can lead to more efficient ore extraction and meeting the acceptability criteria for safety in mine slopes. Three-dimensional stability analyses were performed to evaluate the future geometry of a large open pit for iron ore extraction in Brazil. The strength parameters of the lithologies were calibrated using ruptures in the pit walls. After determining the factors of safety (FoSs) from the calibrated parameters, probabilistic analyses were performed using the total range of values of each parameter under different field conditions to verify the reliability of the initial analysis. In this sense, it was possible to plot the probability of failure (PoF) and the FoS on the graph of slope height versus slope interramp angle (IRA) for the future pit in each lithology. IRA recommendations are made for two scenarios: (1) the best scenario: dry without ubiquitous joints and (2) the worst scenario: the water table at 10 m depth with ubiquitous joints in the most unfavourable direction. The results show that probabilistic evaluation is an important tool for establishing alert mechanisms in slopes that can be termed stable.

Jul 2, 2022

By J. Paraszczak

Application of teleoperated and automated (or ?autonomous?) mobile equipment in underground metal mines is a promising avenue for overcoming some of the challenges facing mine operators. These include, but are not limited to, the issues related to safety and health of underground workers, better use of the shift time leading to increased productivity, skilled manpower shortages, and remoteness of some mine sites. Autonomous load-haul-dump machines and trucks offer several benefits over man-operated ones, but their use at their full capacity is a challenging and complex task. This paper makes an overview of commercially available equipment and systems and their applications. It examines factors affecting adversely availability, utilization, and production efficiency of autonomous vehicles and compares them to conventional man-operated machines. Technical and operational aspects are discussed and their criticality is analyzed. Based on that, recommendations concerning means and measures that may help raise operational effectiveness are given. It is stressed that due to a scarcity of publicly available information on the performance and cost of autonomous loading and haulage operations, more field studies and in-depth analysis are needed.

Feb 23, 2014

By Jan M. Mutmansky

30.1-THE SCOPE OF SYSTEMS ENGINEERING JAN M. MUTMANSKY JAN M. MUTMANSKY 30.1.1-DEFINITIONS The terms "systems engineering," "systems analysis," and "operations research," common in today's technical literature, often are interchanged because of their similar meanings. However, some differences exist which need explanation. The most convenient way to achieve an understanding of the differences is to start with the definition of a system, namely, a collection of components which interact in a specific manner to accomplish a common objective. Accordingly, a haulage truck, a computer, a missile, a mining company or a nation each may be considered a system. Systems engineering generally can be defined as the conception, planning, design and engineering of any system of interacting elements so that the objective of the system is automatically optimized. Thus, systems engineering normally is con¬cerned with systems not yet activated.',' Systems analysis may be described as a scientific method of making decisions based on a quantitative or other objective evaluation of all action alternatives. It is very similar to systems engineering but usually is not considered to be restricted to problems of design prior to use. While the previous two disciplines are somewhat vague and can encompass a great variety of engineering functions, operations research can be more specifically defined as the application of mathematical models to the problem of optimizing the objective of any predefined system. Systems analysis and systems engineering are closely aligned sciences but opera¬tions research differs in the following ways. First, it generally is associated specifically¬with optimization and mathematical models while the other two often are not. In addition, it, is used predominantly on well-defined problems which can be ex¬pressed in mathematical terms. However, systems engineering or systems analysis may deal with highly complex social or governmental systems which may be ill¬defined and unsolvable by the classical methods of operations research. Finally, systems analysis and engineering always strive to look at the entire system to avoid the problem of suboptimization often necessary in operations research because of the necessity for a mathematical model. Because of his more extensive system, however, the systems engineer often is less able to find the optimal system. In summary, operations research, systems analysis and systems engineering are very similar in purpose but one, operations research, is more mathematical in nature and forms an important part of the other two activities. Other definitions which may be helpful are provided by Griffiths 3 Wilson,4 Falkic 5 Hall,2 Quade and Boucher, 6 and Flagle et al. 1 30.1.2-METHOD AND TECHNIQUES The systems or operations research approach makes use of scientific problem solving. The basic procedure comprises the following general steps: 1. Definition of the problem. 2. Construction of a model of the system. 3. Testing of the model under known conditions.

Jan 1, 1973

By Oliver Bowles

WAR necessities have spurred inventive genius in many fields. A grinding mill without any moving grinding parts stirs the imagination. Among the new and striking accomplishments in the heterogeneous group of nonmetallic industrial minerals is the use of an electric arc to speed up manyfold the difficult and delicate task of drilling a microscopic hole in a diamond, the hardest of all known substances. Outstanding in the field of optical research is the ability that man has developed to improve upon nature by making in the laboratory optical crystals many times larger than those usually found in rocky crevices. These are merely samples of numerous events and circumstances of noteworthy import, many of which are recorded in this review. Termination of the second World War in 1945 permits an appraisal of the effects of the conflict and the probable effects of the coming restoration of a peacetime economy on the nonmetallic mineral industries. Some industries were stimulated greatly by the war, notably mica, quartz crystal, graphite, spinning asbestos, potash, fluorspar, barite, and refractories. The large-tonnage industries connected with the building trades, however, were forced to curtail their activities, except where their products were needed for wartime construction. Their reconversion to peacetime production will not be difficult.

Jan 1, 1946

By P J. Handley

"Predicting how coal seams will be beneficiated through the coal handling processing plant (CHPP) has long been challenging within BHP Coal. Various coal seams from different areas are mined and stockpiled separately, often depending upon a deleterious coal quality parameter; high/low trace elements for example. These stockpiles are then fed in different ratios into the CHPP to produce the desired product/s. In understanding the washability characteristics of the feed source, mine geologists and process engineers work together to improve the beneficiation of different coal materials through the CHPP.For the majority of the BHP Coal deposits, the washability data is available for the coal seams across the deposits. However, no previous standardised modelling and prediction technique existed that could ensure the correct information was available for forecasting and refining CHPP processes. This paper will discuss the steps undertaken to implement a geometallurgical prediction tool that simplified and streamlined the washability modelling and yield estimation process. The value realised to the BHP Coal assets resulting from this process was: improved compliance to plan increased throughput increased CHPP recovery through improved efficiencies and increased revenues.CITATION:Handley, P J, 2017. Washability modelling and estimation techniques used to improve coal handling preparation plant beneficiation, in Proceedings Tenth International Mining Geology Conference 2017, pp 327–336 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Sep 20, 2017

By F. W. Gray

Foreword: It is not my purpose, in this address, to write the history of the Geological Survey of Canada, which has from time to time been reviewed by the officers of the Survey itself, and by men more competent than myself to handle so large a subject, but rather to set out some of the reasons for the regard in which the Survey is held by our Institute, the body best qualified to speak for the mining men of Canada. And, a further purpose is to publish the desire of our Institute that the work of the Survey shall be maintained at the highest pitch of efficiency the resources of our country. will permit, because to scrimp expenses on the Survey is 'to save at the spigot and lose at the bunghole." A historical examination of the grounds on which it may be asserted the Geological Survey has been, and still is, of fundamental economic value to our country, discloses a prescience on the part of the forefathers of Canada, calling for our admiring gratitude, and reveals a unanimity among the real leaders of Canadian thought, on the value of geological knowledge, that is impressive in its continuance dawn to this date. There seems always to have been before our people the realisation that large stretches of Canada are unfitted for agricultural settlement, and that our glaciated areas, the barrens and tundra of the North, and our extensive mountain ranges, had promise of compensating mineral content which the geologist and the prospector, labouring together through the years, would disclose. The Geological Survey is one of Canada's oldest public services, distinguished by an unimpaired tradition of honourable and useful labour. Founded in 1843, under William Edmond Logan, not yet 'Sir William', one year after the Act of Union, it was directed by him until 1869, or into the early years of Confederation, so that the early years .of the Survey were also, politically, the formative years of Canada, as we know her today.

Jan 1, 1932

By R. E. J. Putman

The, principle purpose of applying control to any process is to improve -its profitability. Even when considering the impact of a plant on its surrounding ecology this is still, true, since the sanctions felt most immediately from violations of the regulations are the economic penalties or fines which result. 'Economic performance can be improved within a plant in several ways. Steps can be taken to cut the cost or quantity of resources (power, water, steam, reagents) consumed per ton of throughput. Alternatively the operation of the plant can be changed so as to increase product yield per ton of throughput. Or the cost of labor and plant overhead per ton of product can be reduced by raising the total 'throughput, assuming-that the increased amount of product can be sold for the same unit price. In designing a program to improve plant performance, all three routes should be borne in mind. To maximize the return on investment over a longer period, it is also desirable to set up a comprehensive plan of improvement, equipment being specified at each step in the implementation so as to ensure that it fits in with later requirements later implementation being either by means of modular additions or by having the necessary interfaces built into the original equipment. It is much cheaper in the long run to buy features which have been factory-installed, than to have to make provision for their later addition in the field. This paper examines some ways of improving plant performance by the application of various process control techniques using both analog and digital con¬trol equipment. A general philosophy of application is suggested and specific examples described.

Jan 1, 1972

By David J. Hoadley

This report describes the development and limited testing of a semi-automatic, raise climber, Compact Service Hoist System designed for stope access in underground metal and nonmetal mines. Demonstrated capabilities of the system include a 1,000-lb payload capacity, control from the traveling cage and from up to three remote stations, operating in vertical or inclined raises 3 ft in diameter and up to 300 ft in length and a travel speed of 50 ft/min. The system has the capability of operating in crooked raises because the conveyance climbs two stationary wire ropes suspended down the raise. The drive unit is electrically powered with power and control signals supplied to the drive unit through an umbilical 'cable also suspended down the raise. The system has been designed for portability, ease of installation and minimum raise development. The hoist has been demonstrated successfully in an above ground test tower. This report provides a detailed description of the hoist design and its demonstrated performance to date.

Jan 1, 1985

By Oliver Bowles

Granites are classed as igneous rocks ; they have been formed by the solidification of rock magmas or solutions from deep within the earth . It is an almost invariable law of nature that magmas which cool quickly form fine- grained or glassy rocks , while those that cool slowly are completely crystallized and are coarser- grained . Granites , being of the latter class , are regarded as having attained their solid form at considerable depth below the surface under conditions of high temperature and pressure . The constituent minerals crystallized out slowly , the crystals interlocking with one another . The great depth of overlying rocks that must have been present when crystallization took place has been removed by erosion over large areas on the surface of the earth , in consequence of which granites appear at or near the surface in many localities . The chief minerals of which granites are formed are feldspars , quartz , and either mica or hornblende . All the essential constituents except mica are as hard as , or harder than steel , therefore granites are difficult rocks to cut and dress . Granites are usually red , pink , or gray , depending on the color of the feldspars . If hornblende or black mica is abundant the rock may be dark green or almost black . Granites are characterized by massive homogeneous texture . They are classified as fine- grained , medium- grained , or coarse - grained . Medium- grained granites are those in which the feldspar crystals average about one- fourth inch in diameter . If relatively coarsegrained crystals appear in a fine -grained ground mass the rock is designated a porphyritic granite . Uniformity in texture and grain size are desirable in building and ornamental stone , although occasionally rocks of variable texture , such as the porphyritic granites , are used . A rock may have the mineral constituents of a granite but show a banded or platy structure due to recrystallization , folding , or other changes while the rock was in a plastic or semimolten condition . Such metamorphic rocks are called granite gneisses . They are used occasionally for building purposes but not as commonly as the uniformly textured granites . - Granites are named from the most abundant mineral other than quartz and feldspar that they contain , being called , for example , biotite granite or hornblende granite . - Commercially other igneous rocks granitoid in texture but more properly classified as syenites , diorites , or gabbros may be classed as granites . Thus the " black granite " of Little Falls , Minn . , is a diorite , and the " black granite " of Eastern Pennsylvania consists of diabase or gabbro . The question is sometimes raised as to the depth to which a granite occurrence may extend . In this respect granites differ notably from limestones , sandstones , or other sedimentary rocks . The sediments were originally laid down in relatively thin beds , and individual formations providing rock of economic value may be quite limited in thickness . Usually the usable beds range between 40 and 200 feet in thickness . On the other hand , granite comes up from below . Its depth is unknown , but in general is very great . It may even be measurable in miles . The reserves of material at depth are to be measured , therefore , by the economic depth of working rather than by the vertical extent of the rock mass . Exceptionally , granites of commercial quality may occur in sills or sheets of limited thickness flanked on either side by rocks of different character , as , for example , at Westerly , R. I.

May 1, 1930

By B Johansson

The mining industry needs to recruit young talented people. An important task therefore, is to create future attractive mining workplaces that engage and motivate young people to work within the industry. Our intention with this article is to illustrate a possible way forward for the mining industry to form such workplaces. We discuss different aspects of an attractive workplace and summarise our findings in a specification of basic demands dealing with safety, physical and psycho-social work environments and social responsibilities.

Nov 22, 2011

By P. Bramwell, R. Tremblay

"The Port Radium leaching plant of Eldorado Mining and Refining, Limited, produces 450 t./d. of sulphuric acid leach liquor containing l. 73 g. /I. U 308. After solvent extraction, the waste solution is discarded at 0.002 g./l. U30s for a recovery of 99.8 to 99.9 per cent. The solvent is acidified with weak sulphuric acid, loaded to 4.5 g./l. U80:1 in three-stage extraction, scrubbed with water, and stripped with soda-ash solution in single-stage stripping. Caustic removes the UaOs from the pregnant strip solution as a precipitate. The slurry is filtered, re-pulped with water, and re-filtered. The pressed precipitate at 81 to 82 per cent equivalent U30s is dried and packaged. The carbon-ate filtrate is cooled to remove sodium sulphate build-up and carbonated to convert excess caustic. Reagent consumptions are 4.1, 0.22, and 0.39 pounds per 1,000 gallons of pregnant solution for Diesel oil, amine, and alcohol, respectively. Caustic consumption averages 1.3 to 1.4 pounds per pound U3O8.Extraction and stripping is accomplished in sheet-iron mixer-settlers lined with Phenoline. Piping on both circuits is Schedule 80 polyvinyl chloride. Valves are straightway Buna N lined with American Hycar diaphagms. Extensive instrumentation ensures good metallurgy with a minimum of variations and labour. Mixing in a continuous organic medium and careful acidity control are required to minimize third-phase formations. Heating the precipitate slurry is conducive to good filtering in Perrin presses with neoprene-coated, rolled-steel sectors. Sodium sulphate is crystallized from carbonate filtrate solution by batchwise cooling to 54°F. with lake water."

Jan 1, 1959

By S. Angioletti

This paper addresses strategic investment decisions when they are nested in a project development format where each project is implemented in phases and each phase is approved to move on to the next phase only if certain technical and economic requirements are met. This configuration is sometimes referred to as a ?Project Portfolio?. Mining companies maintain project portfolios in their exploration investment plan. This study proposes a procedure to best manage an exploration project portfolio including technical and economic uncertainties. The procedure may support decision makers in a simple and intuitive way, while maintaining the rigor and precision required by the rather large amount of financial resources typically called for by mining projects. The procedure was tested in a real case study of a gold mining company and its exploration projects portfolio. The procedure uses the following approaches: i) investment valuation methods under technical and market uncertainties based on Option Pricing Model, Real Option Theory and Option Space; ii) portfolio management and Stage Gate®1 method; iii) Monte Carlo simulation.

Jan 1, 2010