Search Documents

By A. Moergeli, Philip Sander, John J. Reilly

"Estimating and managing the costs of complex infrastructure projects – in the planning/design and construction phases, for both owners and contractors – has been a challenge for decades. The more complex and technologically advanced the project, the greater the uncertainty, including potential risks that are important to owners and contractors, such as:• Cost risks to owners – meeting budget and schedule, maintaining public credibility.• Cost risks to contractors – profit, consequences of loss, impacts to reputation/future work.This concern has been addressed in various ways by the underground construction industry for some time (Reilly, 2001). In particular, while significant advances have been made in cost estimating for the planning and design phases (Reilly et al., 2004), that are important to agencies and political decision-makers, it is not apparent that these advances have been widely adopted for construction cost estimates. The reasons for this may relate to lowbid considerations – any method that tends to increase the contractor’s cost estimate, by including risk or likely costs, could lead to an erosion of the contractor’s competitive position – if others are not similarly required to include such costs.Different cost estimating methods produce different levels of information. Specifically, there is a large difference in the character and depth of information if a deterministic (quantities times price plus a contingency) and risk-based cost methods are used. It is this difference in character and depth of information that is the reason that risk-based cost estimating has potential value for owners and contractors. Figure 1 presents hypothetical cost results from deterministic and risk-based methods and illustrates some of these differences.In Fig. 1, the results for deterministic and risk-based cost estimates are given related to the potential profit or loss for a typical project. As is evident in this example, there is significant potential for costs to be realized that are higher than the proposal/bid value estimated using a deterministic approach, with a 15 percent probability of a loss. There is a 30 percent probability that the project will have a reduced profit. There is a 55 percent probability that the project will return a good profit. Using a risk-based approach, it is possible to better recognize this potential outcome in the bid phase and, as a consequence, develop a strategy to:"

Apr 1, 2016

Jan 1, 1970

Orange Free State Branch Minutes of a Committee Meeting held in the Boardroom of Western Holdings on Thursday, IIth October, 1973, at 5.00 p.m. Present Messrs E. T. Wilson (in the Chair), E. Dunstan, W. B. Evans, C. J. Isaac, C. Mostert, N. Shand, R. Williams, and G. Young.

Jan 2, 1974

By Lee M. Manna

Approximately 10,000, 10-Ton, 4 wheel, 2 truck, coal mine cars are in general service in U. S. Mines. None are equipped with an automatic braking system. Very few are equipped with hand or parking brakes. The report lists major manufacturers of the car and develops estimate as the percentage represented. It complies physical specification of cars of major car manufacturers, and develops a composite clearance diagram. It then discusses a pneumatic system employing truck components for an automatic system that could be used as an add-on unit. The components are listed and priced and a schematic circuit is developed for the system. Recommendations as to future programming are made.

Jan 1, 1976

By Vijia K. Karra

The goal of aggregates producing companies across the United States is to ensure their workers go home safely each day. At the National Institute for Occupational Safety and Health (NIOSH), researchers are pursuing this vision of safety and health through a fact-finding approach for reducing injury illness in various mineral sectors. Surveillance data from Mine Safety and Health Administration (MSHA) has been the source for such analyses. It helps to focus research efforts on key machinery, workers, and their tasks. The second installment of this two-part series follows last month's focus on crushed stone.

By David Stone

North American Palladium is the owner/operator of the Lac des Iles mine located 115 km north of Thunder Bay, Ontario. The mine has produced an average of 65,000 ounces of palladium since 1994. Lac des Iles is currently undergoing the first phase of a major expansion that will increase ore production from 2,400 tons per day to 15,000 tons per day. A future expansion is being contemplated for 30,000 tons per day. The current expansion will increase palladium output to 250,000 ounces per year. The mine plan for the ultimate pit results in an excavation 1 km long by 800 m wide and over 450 m deep. This makes the ultimate pit at Lac des Iles one of the ten deepest open pits in the world, and the largest in Canada. This paper outlines the geotechnical data collection and design methodology for the ultimate open pit at Lac des Iles.

May 1, 2001

By Paul W. Jeran

Subsidence was monitored by the U.S. Bureau of Mines over the ends of longwall panels operating in the Pittsburgh, Kittanning, and No. 2 Gas Coalbeds of the northern Appalachian Coal Basin. The final subsidence over the finishing ends of three panels in the Pittsburgh Coalbed are compared with the subsidence measured over the rib at these panels. The characteristics of subsidence are different. At Mine A, data over the start of a longwall panel shows similar characteristics to the subsidence measured over the rib. Subsidence over the fmishing ends of panels in the Kittanning and No.2 Gas Coalbeds are also different from the subsidence over the rib. The use of a subsidence prediction model based on data gathered over the rib of a panel will not yield accurate results if it is applied to the finishing end of a longwall panel. Acceptable results may be obtained along the centerline over the starting end of a panel.

Jan 1, 1991

By Hans von Michaelis

ecent events have demonstrated the extraordinary impact of politics on the price of gold.... A rise from the $350/oz. level to $400 has a far greater impact on profitability of a gold mine than does, say, the invention of a way to cut the cost of gold extraction by $1.00 per ton, which in itself would represent a major achievement. Likewise, the discovery of a big, high-grade, easy­to-extract gold ore deposit would have a bigger impact on the fate of a mining company than, say, finding a way to double the energy efficiency of a grinding circuit.

Jan 1, 1990

By Dudley Walls

In 1974 Amherst, Coal Company disposed of its 28 mesh X O thickener underflow (refuse) by pumping to ponds. Because of the very steep terrain surrounding the plant the pond capacities were limited which necessitated daily cleaning of the ponds on a three (B) shift basis. Needless to say this proved to be a very expensive as well as a very "untidy" operation. Faced with increased pressures from state and federal authorities as well as increased handling problems because of limited pond capacities, Amherst began looking for a different method for the disposal of 28 mesh X O refuse.

Jan 1, 1979

* A loan, perhaps as great as $100 million, from American insurance companies is about negotiated for development of Labrador iron ore properties. The program will call for a total expenditure of up to $200 million, including, as well as all mine development work, the power facilities, housing for mining personnel, and auxiliary equipment. * Mobile air compressors and a water tank, mounted on a 30-ton rubber-tired trailer and towed right up to the drilling crews, eliminates the need for expensive underground water and air pipe lines in the experimental oil shale mine operated by the Bureau of Mines near Rifle, Colo.

Jan 11, 1950

POSITIONS VACANT No. 157. Superintendent for roasting. and magnetic separating plant working on zinc concentrates. Must have mechanical experience and a working knowledge of electricity. Salary will depend on experience and results obtained. Location Canada. No. 155. Metallurgical chemist familiar with copper and steel for company just starting. Must have had technical education and practical experience with both metals. Salary moderate at beginning, but will be increased as business grows. No. 159. An experienced, up-to-date coal-mining engineer to open up and manage soft-coal mines in Spitzbergen, preferably a Scandinavian capable of handling Norwegian laborers. Employment beginning January.

Jan 12, 1916

By D. W. Alexander

Mine fires, explosions, spontaneous heating and inundations are among the leading causes of catastrophes (unplanned, temporary sealing and recovery of major mines). Many reports are available that detail company efforts to re-establish mining operations and agency efforts to regulate away the causes, but the associated costs are rarely included. The increasing scale of coal operations concentrates earning potential and the financial risk of business interruption in fewer locations. Underground coal mine catastrophes are low probability, high loss events that happen nearly every year. This paper will present an evaluation of coal mine catastrophes from case studies.

Jan 1, 2003

By Satayev IS, Shepelev DV

Various ways for applying the X-ray fluorescent method to process lump-by lump separation of secondary aluminium raw materials (scrap, slags, waste) as well as ferrosilicon and ferrochromium are being considered and physically demonstrated. A commercial X-ray radiometric sorter has been developed for processing secondary raw materials. Marketable quantities of aluminium scrap with appropriate copper and zinc content have been produced for smelting with a minimal additional of pure aluminium. An industrial complex for scrap processing, incorporating two X-ray radiometric sorters from the Hammermils company is successfully operating at one of the works in Russia.

Jan 1, 1993

By Lars Johansson

The LKAB group consists of eight producing and trading divisions and subsidiaries, plus six specialist and staff organizations. It employs over 8.000 people and has a turnover of $ 500 million. LKAB produces over 30 million tonnes of ore products per year at its own mines and processing plants, making it one of the world's biggest iron ore exporters. This yearly production includes 15 million tonnes of lamp ore, 3 million tonnes of concentrate, and 8 million tonnes of pellets. The ore products are shipped via the company's own ore harbours, principally to iron and steel works in continental Europe. [ ]

Jan 1, 1979

Jan 8, 1951

By G. Markopoulos

Thracean Gold Mining is a Greek Company specialized in gold exploration and exploitation. It is focused on the development of the advanced Perama Hill gold project, which is currently waiting approval of the environmental terms of reference from the Ministry of Environment. We have designed a mine operation that is completely safe environmentally. The mine design exceeds all the standards environmental safety set by the European Union. We are currently negotiating lasting relationships with the communities which surround the mine by creating sustainable projects within the area that will provide sources of income to the region long after the mine is exhausted.

Jan 1, 2007

By Frank L. Nason

RECENT explorations with a diamond-drill, originated and conducted by Mr. J. A. Van Mater, Superintendent of the Lehigh Zinc and Iron Company, have revealed some very important geological facts, which, it is believed, will be of special practical interest to mining engineers. During these explorations the writer was frequently called in consultation, and hence the facts here recorded are almost entirely the results of personal observation. The franklinite-deposit upon which the explorations were conducted has a long continuous outcrop. Figs. 1, 2 and 3 give a map and sections. Beginning at the extreme southern point,

Jan 1, 1895

By Kepplinger W

The COREX process is a technology for production of liquid hot metal on the basis of coal (without the use of a coking plant) developing by VOEST- ALPINE AG, Austria and its subsidiary company Korf Engineering GmbH, Federal Republic of Germany. CORED is a registered trademark of VOEST-ALPINE AG and Korf Engineering GmbH. The COREXW process is based on the idea of separating the process steps realized in the blast furnace (gene- ration of reduction gas, reduction of iron oxide and melting of the reduced iron) and including partial coking of the coal.

Jan 1, 1987

By John V. Beall

Many Americans will judge the energy crisis by the picture shrink on their TV screen. And they are right to make this assessment considering the large areas of the country with marginal generating capacity, (See Fig, 1). The Federal Power Commission (FPC) recommends 20-25% reserve generating capacity above peak summer loads and 15-20% as minimal. The New York metropolitan area is the most concentrated power service area in the United States, and a spot check with Consolidated Edison, serving this area, revealed that on Friday, August 18, the company was operating at 5% reserve.

Jan 10, 1972

By J. Michael Howard

Holes cored through the Prairie Creek lamproite volcanic complex at the Crater of Diamonds State Park by companies interested in the site's commercial diamond potential give an opportunity to redefine the size and shape of the Prairie Creek pipe. Relationships of cored rock sequences and the discovery of a previously unrecognized major rock type allow a reinterpretation of the sequence and type of intrusive activity. Trench sampling of diamondiferous rock units yielded a diamond content far below what was anticipated based on an estimate from historical records. Inadequacies of shallow bulk-testing methods for a diamondiferous pipe are examined.

Jan 1, 1999