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By Daniel T. Brian, O&apos

Exploration targets and results in the mining industry are commonly summarized in terms of tonnage and grade. Business appraisals require, as additional information, the expected profit or loss implied by the physical summay. The early incorporation of knowledge gained through financial analysis computations can provide a means for economically resolving many common exploration and development problems. Examples of such applications from the activities of exploration planning, reconnaissance, land acquisition, and development planning are presented. While prospecting for mineral deposits, geologists are frequently asked what they hope to find or have found. The response is usually descriptive, such as "50 million tons of 1% copper," and the economic implications are deferred until a capital investment decision is required. At that time, a financial analysis integrating the four analysis components is completed. These components are: 1) Tonnage and Average grade above cutoff grade 2) Capital and operating costs 3) Product value 4) Appropriate profit or loss accounting Close examination of these components reveals that there is no intrinsic reason for avoiding financial analyses at earlier stages in exploration, as long as the uncertainty of the estimate is realized. Tonnage and average grades are commonly estimated at early stages in exploration. For this component, the appropriate cutoff is the major uncertainty. Capital and operating costs are difficult to estimate before detailed quantitative information is available, but estimates useful for the types of applications pertinent to earlier exploration stages are possible. Product value estimates may or may not be difficult, depending on the pricing structure of the particular commodity. A simplified accounting procedure usually may be adopted without introducing any significant loss of validity. This paper describe some of the financial analysis applications which are pertinent during mineral exploration and deposit development. These applications lend additional insight during exploration planning, land acquisition, physical exploration, and development. The examples are oriented toward a hypothetical management investment policy which is based on a single criterion, a minimum 15% discounted cash flow rate of return. In reality, managements use multiple criteria. This simplification is convenient for purposes of presentation and does not invalidate the examples. Computers are useful, but not a requirement, for the applications described. The use of computers provides the results on a more timely basis at costs lower than equivalent manual computations. UNDERLYING PRINCIPLES AND ANALYSIS METHODS Data estimates are subject to uncertainty. The analyst may choose to assess this uncertainty by using one of two principles. Each principle has some advantages. The principle most commonly employed is "assumed certainty." Each financial analysis is based on one set of selected data, which may represent the average estimates, minimum expected conditions, etc. The critical data is identified by making successive calculations, varying the values used. Such studies, called sensitivity analyses, isolate the economic effect of various uncertainties, and guide the allocation of future efforts toward improving the overall accuracy of the analysis. A second principle, "assumed risk," examines the interactive effect of the current uncertainties by qualitatively assigning probability distributions to each data element. These probability distributions indicate the currently appraised chance that a given numerical value will prove to be true. The corresponding procedure, risk analysis, consists of processing many individual financial analyses, each analysis being based on randomly selected numerical values from the probabilistic distributions. The result is a numerical presentation of the uncertainty, but care must be exercised in the interpretation of results. The advantage of this procedure is the direct measurement of economic uncertainty caused by the interaction of uncertain estimates. Kennecott Copper Corp. has developed computer systems for accomplishing sensitivity and risk analyses.

Jan 1, 1970

Market forces, particularly iron ore prices, demand that plant operators achieve higher throughput in the worldÆs iron ore beneficiation plants without compromising yields or efficiency. This means that production cost per ton is of paramount importance and that all major pieces of Processing Equipment have come under close scrutiny to improve throughput at their most efficient performance levels and for the longest possible continuous running time. Without doubt the use of modern engineering standards and materials of construction has contributed to matching these throughput, efficiency and availability demands. However, often not enough attention is paid to the so called æinsignificant elementsÆ connecting this metallurgical equipment, such as chutes, pipes or other conveying systems, and particularly to the sufficient protection of their wearing surfaces. The result can be an unplanned and expensive outage caused by the wear related failure of such components. This paper will discuss:the theory of wear and the multiple factors of material and design that contribute to a reduction in wear; and the combinations of modern wear resistant materials available to todayÆs engineer and how, by intelligent selection and correct application, plant availability can be optimised. Examples outlining how these principles have been applied in South Africa showing some improvements leading to increased plant availability.

Jan 1, 2002

By Nabil F. Ismael

Load tests were carried out to examine the ultimate bearing capacity of short, large diameter bored piles in connection with the construction of a multistory building on the Arabian Gulf in Kuwait. Testing included 0.45 m, 1.0 m, and 1.2 m piles installed through loose sand into a bearing stratum consisting of very dense cemented sands. All tests were carried out to failure. The base resistance and shaft friction were calculated using the Meyerhof method for a layered soil profile. The method employs the standard penetration test N-values. The results indicate that the piles are end bearing piles with a great portion of the pile capacity due to base resistance. The mobilized skin friction is small. The calculated pile capacities were very close to the measured values with the maximum difference not exceeding 10%.

By Katerina Kryst

Antimony and bismuth are two of the elements that need to be removed from copper electrolyte to ensure a trouble free operation as well as to maintain copper cathode purity. One method to control these impurities is the use of aminophosphonic ion exchange resins. Antimony is present as both Sb(III) and Sb (V). Sb(V) is very difficult to remove from these resins, requiring excess amounts of highly concentrated hydrochloric acid. In industry this affinity of Sb(V) for the resin causes a buildup of Sb(V) and degrading resin performance due to continual reduction of resin capacity. A new method for regeneration of aminophosphonic resins loaded with Sb(V) has been developed, which utilizes catalytic regeneration of the resin. Ion exchange can then be utilized for continual control of Sb and Bi in copper electrolyte.

By J. M. Dean

With the continued downward pressure on coal selling prices, mine management must make its operations as efficient as possible. The problem is the same one throughout the mineral industries, streamlining operations to maintain competitive mining costs (Born, 1991). There has been a great deal of research into better using production manpower. But the story is different for operations support personnel. Traditionally, planning man-power requirements are done annually, with modifications to the operating plan occurring generally quarterly. On the other hand, the demands on manpower are often dynamic, being responsive to changing productivity levels ,mine conditions (including water influx, bad roof, poor floor)and unanticipated project requirements (responses to machine breakdowns or a new section setup requirement because of a drop in coal quality in another area). Such changes may impact the manpower structure significantly. At times they may cause serious labor relations problems concurrently. Realignments and the generation of instability in the workforce because of active job switching (bidding) are a result. Most responses by coal operators are reactive rather than proactive, a situation that could be mollified by more accurate and detailed planning of predictable manpower requirements. A manpower planning tool is needed that takes into consideration such things as changing productivity levels and conditions as manhour requirements for different work areas are planned, rather than blindly allocated through traditional staffing modes.

Jan 1, 1995

By S. K. Kawatra, A. K. Bakshi

Mineral suspensions in water show Newtonian flow properties at low percent solids. However, this changes to a non-Newtonian regime as the pet-cent solids increases. For Newtonian fluids, viscosity is independent of shear rate, hut, for non-Newtonian fluids, viscosity varies with shear rate. Therefore, if the slurry is non-Newtonian, attempting to measure the viscosity at a shear rate different from the shear rate experienced by the fluid within the process is futile. This is especially true for a hydrocyclone, where the rate of shear is different at different points within the hydrocyclone. In this case, it is very important to determine the flow type of the suspension before attempting to establish any correlation between the viscosity and the process efficiency. A new technique to distinguish such changes inflow type was developed. This involves two viscometers: a coaxial cylinder-type viscometer that measures apparent viscosity at low shear rates and a vibrating sphere-type viscometer that measures the apparent viscosity at high shear rates. For each of these instruments, special precautions were taken to allow, for the measurement of the viscosity of rapidly settling mineral suspensions. Because the vibrating sphere viscometer is operated at a much higher shear rate than the rotating viscometer, the two instruments together could determine the shear-rate dependency of the viscosity. Ground silica (80% passing 65 µm) in water was used to prepare slurries at concentrations ranging from 10% to 70% (by weight) solids. The viscosity of each slurry sample was measured simultaneously by both viscometers, and the results were compared. With this technique, it was found that all of the silica-slurry samples tested were in the Newtonian flow regime for up to 70% (by weight) solids. Methocel and Cellosize polymer solutions showed clear non-Newtonian behavior using this technique. This confirmed that non-Newtonian behavior of the silica slurries, if present, would have been detected by this arrangement.

Jan 1, 1997

By A. J. Vietti

"Drought conditions and the possible lack of sufficient raw water supply are a constant reminder to the Southern African diamond miner of the need to minimize raw (new) water input while maintaining or expanding mine throughput.Since water input volume is directly related to water output (loss) volume, mainly to the tailings, it is obviously beneficial to dewater the tailings as much as possible. However, this may not always be as easily achieved as first thought. Owing to the unique mineralogy of each kimberlite deposit and the unique chemical profile of each raw water source, dewatering of the slurry is not a standard process that can be applied equally across the entire diamond industry.This paper presents a first-step strategy that kimberlite diamond mine operators should consider and apply to meet and exceed their watersaving targets. Introduction A common metric for measuring water use efficiency in a metallurgical plant is the amount of raw water used per ton of head feed treated (m3/t). The metric includes all water recycled from the dewatering process and from the tailings storage facility (TSF), and the only inputs are tons of ROM ore and cubic metres of raw water make-up to replace water lost to evaporation, seepage, and lock-up at the TSF (Figure 1).The volume of new raw water available to the process is not unlimited and a maximum monthly allowance is typically set during the mine permitting process. Consequently, if the volume of water lost exceeds the volume of new water available or alternatively, in times of drought where the allowable volume is unavailable, the plant has no other option but to reduce throughput.However, if the plant operator is able reduce the volume of water lost to the TSF, the plant will have additional capacity to either increase tonnage throughput or sustain nameplate capacity during periods of severe drought. The obvious conclusion, therefore, is to reduce the volume of water lost to the tailings by improving the efficiency of the dewatering process (typically gravity thickening) simply by increasing the density of the tailings being discharged. In practice, however, the unique mineralogy of each kimberlite deposit and the chemical profile of the raw water source used imply that at some mine sites, solid/liquid separation (or settling) of tailings slurries at the dewatering process is more easily achieved than at others. In these cases, simple practical steps such as firstly improving the flocculant reagent make-up and dosing control, and secondly focusing on thickener discharge control, are the only requirements for enhancing water recovery at the dewatering circuit. At other mine sites however, solid/liquid separation of the tailings may not be achieved at all, in which case efforts to increase water recovery by improving reagent dosage and thickener control would be fruitless unless the colloidal properties of the thickener feed slurry are modified."

Feb 1, 2019

By C. E. Melbye

A serious problem confronted the city of Gunnison early in 1958 in that, for a few months during each spring runoff, the water supply derived from the Gunnison River became polluted to an unsafe point. The city management had the choice of building a new filter plant to replace the old unworkable one or drilling wells to develop a ground water supply. The cost of a new filter plant was estimated at $180,000 compared to $50,000 for 6 wells, pumps, and additional water lines, hence their decision to attempt the development of sufficient ground water. Six wells at 300 gpm per well were estimated as necessary to handle the peak usage of 1800 gpm, compared to only 600 gpm winter usage. Although the water table is only about 7 feet below the surface, existing private wells drilled at random locations were producing much less than 300 gpm. The problem was to find sufficient quantities from about 6 wells. Since the presence of an ancient bedrock channel was suspected, which would be expected to localize greater quantities of water, the city of Gunnison authorized a resistivity survey to investigate bedrock topography below unconsolidated gravels. Survey results were highly satisfactory and led to the preparation of a fairly detailed bedrock contour map, Fig. 1. This map was used in selection of all well sites. The city of Gunnison is situated in a flat, broad, Quaternary gravel-filled valley (terrain dips south at 20 feet per mile) at the junction of the Gunnison River and Tomichi Creek. The valley, about 2-4 miles wide, is bordered by hills of Tertiary volcanics to the northwest, Cretaceous and Jurassic sediments to the north and northeast, and pre-Cambrian granite and gneiss to the south. One previous deep test well at the west end of the city hit pre-Cambrian granite at 496 feet, which, allowing for 40 feet of surface gravels, makes the older sedimentary section 456 feet thick. This section is probably all Jurassic Morrison formation, consisting of the Saltwash sandstone overlain by the much thicker section of Brushy Basin shales and mudstones. According to the driller's logs, each well was bottomed in what is believed to be Brushy Basin shale. FIELD PROCEDURE A standard Gish-Rooney type of resistivity apparatus was employed, which used 45-volt dry batteries as a direct-current power source. Applied voltages could be selected from 45 volts to a 270-volt maximum. Copper-coated steel stakes were employed as current electrodes and porous porcelain pots as potential electrodes to avoid possible polarization effects with direct current. The expanding Wenner electrode configuration was utilized for this investigation and measurements were made at 20 40, 60, 80, and 100-foot spacings,

Jan 1, 1961

By R. T. Dec

A review is undertaken of existing mathematical models of compaction process in roll press. The example of plane-strain, plane-stress model is presented together with comparisons between computed and experimentally recorded pressure distribution in roll nip region. Next, the discrepancies between predicted and measured values are discussed and practical method based on experimental optimization of compaction process using laboratory roll press is proposed. Examples of the selection of optimum roll press operating parameters for calcium oxide fines, sodium chloride and iron oxide dust are presented to illustrate advantages of the method. Finally scale up procedure is discussed for estimating the performance of commercial size roll press based on the data collected on laboratory size equipment.

Jan 1, 2000

By A. C. Watts

FOR several years, a mine in Colorado experienced considerable trouble from small fires caused by the blasting of coal. Although a well-known make of permissible powder was used, it was first thought that the powder ignited gas that might be present and that this, in turn, set fire to line brattices or to the coal. Experiments were, therefore, conducted with another make of powder, but the results convinced the superintendent of the mine, Robt. Williams, Jr., that the fires were not caused by the powder but by the high-voltage electric current used for detonating the shots. The mine "makes" gas very freely, giving off from three-fourths to a million cubic feet of methane per 24 hours. The coal is a good grade bituminous of a very free burning quality. Electric shot-firing from the outside after all men and animals were outside had been practiced for a number of years. The shooting circuit was connected with the main power circuit at the mouth of each entry. Shooting circuit switches were mounted in boxes, which were kept locked with the handle of the switch, in open position, showing through the bottom of the box. The door of the box could not be shut and locked when the shooting switch was closed. At the entrance to each room, or working place, a small switch, called the miner's switch, was placed on the shooting line. It was the duty of the miner, when entering his place at the beginning of the shift, to see that this switch was open and that it was kept open until he left the place at the end of the shift to go out of the mine. Grounded return was used for main power lines. The current was 500 volts, direct current, with 100 to 300 amp. The nearest working face was 9600 ft. from the shot-firers' switch outside the mine and the most remote working face was 2 ½ miles. The various working faces were scattered over a wide area between these two points.

Jan 9, 1925

By A. K. Stagg

Toxic substances in On solutions can retard biological leaching of copper sulfide dump ores. On solutions were analyzed for metals, organics, and chloride, and showed inhibitory concentrations of aluminum, manganese, and chloride. Inhibition of bacterial activity by the solid fraction of On solution, with and without the organic constituents, was evaluated. Toxicity to bacterial species was evaluated by monitoring bacterial numbers, pH, Eh, and rates of iron oxidation. The On solution solids were toxic at 50 -60% of their field concentration. Most of the toxicity of the On solution was due to the organic fraction. Different SX reagents show varying degrees of inhibition of T. ferrooxidans. Bacterial inhibitory effects of carriers and lixiviants used in the SX plant should be determined so that entrained SX reagents do not retard biological dump leach systems. The reagents used should be the most cost effective and the least toxic.

Jan 1, 1994

By S. Al-Thyabat

In this work, the floatability of Jordanian phosphate slime (-38 µm) was evaluated in a batch column flotation cell, 100 cm high and 5 cm inner diameter. Flotation was conducted using sodium oleate as a collector and methyl isobutyl carbinol (MIBC) as frother. Rougher flotation yielded concentrate assaying 29.19% P2O5 with 90.29% recovery at the following flotation parameters: 2.6 cm/s superficial gas velocity, 20 ppm frother dosage, 0.205 mM collector concentration and 40% weight solids. It was also found that conditioning with the same collector dosage but with a different solids weight percent gave different flotation results. However, pulp collector concentration was the key operating parameter; increasing collector dosage at the same solids weight percent decreased flotation recovery by 3%, while increasing solids weight percent at the same collector dosage increased phosphate recovery by 18%.

Jan 1, 2011

By J. D. Stone, I. D. Brumby, J. D. Inch, C. J. Beukes

A. Continuous miners, and their operation at Bosjesspruit Colliery J. D. INCH*, B.Sc. (Min.), M. I. Min. E. (Visitor) A brief description is given of the main types of continuous miner and their incidence of application in South Africa. Definitions and descriptions of the design parameters and components of the main cutting head are given. together with an outline of the modifications carried out to improve machine cutting performance. An account is given of experience with the application of water infusion to suppress airborne dust during continuous-miner operations. B. The selection and performance of continuous miners at Matla Coal by J. D. STONE, B.Sc. Eng. (Min.,) M.B.L. (Graduate) The reasons for the choice of continuous miners for the development of accesses and the winning of coal in a modern underground coal mine are discussed. It is shown that, at relatively low depths, the extraction rate as well as the costs are more favourable than those of proved total extraction methods. The selection of a continuous miner is largely dictated by factors such as production rate, capital and running costs, imported content and the extent to which local content and manufacturing are to be increased, manpower requirements, seam thickness, expected floor and roof conditions, and maximum cutting height. The present inherent shortcomings of continuous miners, such as inefficient continuous transportation of coal away from the miner and the lack of an infinitely variable traction to match the sumping speed with the feasible penetration speed, are pointed out. Specific problems encountered and the methods of solving them, as well as a planned trial with a heavy-duty continuous miner, are discussed. C. Continuous mining within the Tavistock Group of collieries I. D. BRUMBY.Dip. Min. (Visitor) The Tavistock Group of collieries is situated some 25 km south of Witbank. The three collieries comprising the Group are Tavistock Colliery, Phoenix Colliery, and South Witbank Coal Mines. Continuous mining is practised to some degree at all three collieries. This system of mining was introduced at Phoenix during 1976, South Witbank during 1978, and Tavistock during 1979. For the twelve months ended June 1979, continuous mining accounted for 1,7 Mt of the 4,5 Mt hauled from underground. All the continuous miners introduced to date have been of the rotary-drum type. D. Pillar extraction at Usutu Collieries using continuous miners by c. J. BEUKES(Visitor) In 1969 Usutu Collieries began pillar extraction with conventional mechanized equipment. This was very successful, but certain disadvantages could be eliminated if continuous miners were used instead. In 1976 the first continuous miner was introduced for this purpose; this proved so successful that a second unit was introduced in 1977, and pillar extraction by conventional equipment was discontinued. By the end of 1978, 1,3 Mt had been mined from pillar extraction by continuous miners. This paper describes the method in some detail, and indicates that the operational costs are lower than for conventional bord-and-pillar mining. Defect solid state A one-day multidisciplinary symposium entitled 'The Defect Solid State '80' will be held under the auspices of the Solid State Physics and Materials Science Subcommittee of the South African Institute of Physics at the University of the Witwatersrand on Monday, 14th July, 1980, following the Twenty-fifth Annual Conference of the South African Institute of Physics.

Jan 1, 1980

By G. Djambazov, V. Bojarevics, K. Pericleous

The AC electromagnetic (EM) field effects are investigated for the possibility to extract particles (impurities, precipitates, oxides, bubbles, etc.) from molten silicon during the directional solidification of silicon ingot. The dynamics of particles are affected by the hydrodynamic drag, buoyancy, turbulent fluctuations and the EM force via the local pressure distribution. The EM force leads to high mixing rates, transitional flow structures and turbulence of the melt, contributing to the particle dispersion, transport and separation to a desired location. Application to silicon kerf loss recycling by melting and solidifying in the presence of AC EM field is presented for a variety of cases using 3D models for general flow structure and axisymmetric models for moving solidification front long time tracking. This paper demonstrates the effects of flow on the time dependent particle ‘swarm’ transport and the eventual modified distribution in the final ingot.

Mar 1, 2017

By D. W. Fuerstenau, G. S. Sudhir, P. C. Kapur

Quartz-limestone feed mixtures were ground in a laboratory-size, choke-fed, high- pressure roll mill. As compared to individually ground minerals, the harder component (quartz) in the product mixture is coarser, and the softer component (limestone) is finer. An energy split index is introduced for quantifying the disproportionate split of the mill energy between the feed constituents. This index is incorporated into a grinding kinetic model for simulation of the product size distributions of the mineral components as a function of energy input to the mill. The self-similar character of the size distributions is analyzed and an energy-size reduction relationship for the roll mill is highlighted.

Jan 1, 1992

By F Palkovitz, S Wilson, F Felipe

The management of waste from mining operations is a significant aspect of bringing a mineral commodity to final market. The ore beneficiation process and transport/disposal of waste involves significant consumption of costly resources. A number of options exist to dispose of mill waste on surface and as a backfill material. These range in complexity, risk, capital cost, operating cost and ultimately business performance. This paper discusses the value delivered to a business in using dewatering systems including paste as opposed to conventional slurry tailings disposals. This is illustrated through various case studies and serves to demonstrate how paste can add value and reduce risk to a successful business.

Jan 1, 2009

By F. F. Aplan, E. C. Dowling, R. R. Klimpel

Numerous flotation models have been proposed in the literature. Thirteen of these have been applied to batch flotation data and evaluated with respect to one another using statistical techniques. Flotation tests were carried out on samples of a US porphyry copper ore (Pinto Valley, AZ). The ore was tested using various collector and frother systems to produce different time-recovery profiles. These were used to calculate flotation rate and ultimate recovery parameters for each model. The models were then evaluated statistically to determine the overall fit of the calculated to the observed data and to test the range of significance of the parameters in each model.

Jan 1, 1986

By Clifford McCartney

The PropsetterTM System has been designed and developed to cost effectively solve problems experienced with conventional underground supports used in tailgates, headgates, bleeder entries and as supplemental supports. The PropsetterTM System utilizes the strength and orthotropic properties of timber to achieve initial stiffness and controlled yield as the roof and floor converge. Utilizing a prestressing system developed in South Africa by our parent company, the PropsetterTM prestresses/preloads the roof and floor on installation. The PropsetterTM System consists of five integrated elements which are easily assembled to achieve the objectives of ? Improved support. ? Improved safety, ? Reduced cost, ? Reduced material handling, ? Improved installation productivity, and ? Improved ventilation.

Jan 1, 1995

St. Peter sandstone is an arenaceous sheet that covers large area in North America. The interest for St. Peter sandstone has been increasing due to the upward trend for hydrofracturing and the consequent need for fracking sand. This material is possesses very unique mechanical properties. On the one hand, it is brittle as characterized by an unusually high friction angle, up to 69°, and steeply curved failure envelopes. On the other hand, it is friable, possessing extremely low, and in most cases zero cohesion. The underground mines that are working under this condition are lacking the ground control techniques for this particular mining environment. The geotechnical properties of the St. Peter sandstone were examined using uniaxial test, triaxial test, porosity test, flexural strength test. This paper aims to investigate the effect of microstructure on strength properties, utilizing microscopic studies, index test (porosity, size distribution).

Feb 23, 2014

By L. du Plessis

The name FISH (Fully Integrated Sort House) refers to a class of technology deployed at Jwaneng Mine final diamond recovery. The FISH concept is based on three pillars, namely: ?Improved sorting efficiency FISH is based on laser technology, which is more efficient than hand sorting for certain product categories. Laser sorting is based on measuring in-elastically scattered light from molecules and this is referred to as Raman spectroscopy. The Raman scattered light occurs at wavelengths that are shifted from the incident light by the energies of molecular vibrations ?Availability of production information Roller gap diamond size distribution information is generated on line for upstream process optimization ?Improved product security A ?hands-off? philosophy reduces security risk during operation and maintenance of the plant. In addition, a number of lessons were learnt about the application of new technologies in the industry: ?The required human competency profile demanded by new technology should match the available competencies of the operational staff ?An integrated information management system should be fully functional for both production management and diamond control purposes ?Operational feedback must be correctly evaluated to identify design, maintenance, training and operational issues so as to accelerate the maturity of the new technology within the time span of the sustainable operations project ?Project execution and technology maturity risks have to be evaluated and married to ensure risk mitigation by means of suitable project resource and contracting model selection.

Jan 1, 2003