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By AIME AIME

PERHAPS the most interesting paper of the subsidence session on Monday morning was that by Roland D. Parks entitled "Yieldable Metal Props for Underground Support." This paper described the development of a telescoping prop made from two pieces of pipe. The lower and larger in diameter has cast in it a soft metallic alloy which is slowly extruded through an orifice in the upper and smaller piece of pipe. In this way, the length of the prop decreases gradually as the load from the roof increases. The stress-strain diagram for these props, as tested in the laboratory, is almost ideal, and can be duplicated satisfactorily in successive tests. They have not yet been tested underground. Another paper of much interest was presented by Prof. P. B. Bucky. It is an addition to his series on structural models as applied to mining and was entitled "Effect of Approximately Vertical Cracks in the Behavior of Hori¬zontally Lying Roof Strata." It was illustrated by motion pictures of a model under test. After explaining the un¬derlying theory, the apparatus and the mode of testing, Prof. Bucky set forth the effect of vertical cracks in a mine roof, as follows: (a) the wider the crack, the weaker the roof; (b) where the sides of the crack are in juxtaposition, there is little weakening of the roof; (c) grouting cracks whose sides are not in contact restores the strength of the roof until it may be as strong as, or stronger than the uncracked roof. Small paper props helped sustain the roof. Both the nature of the material and its bonding affect its behavior under stress.

Jan 1, 1933

By Ernest Ph. Hérivel

The mine and treatment plant of the Teziutlan, unit of the Mexican Corporation, S. A., are located at Aire Libre, in the District of Teziutlan, near the northwest edge of the State of Pueblo, Republic of Mexico. The property is leased from the Teziutlan Copper Co. The town of Teziutlan is the terminus of a branch railroad starting from Oriental Junction or the Mexico-Jalapa-Veracruz narrow-gage system of the National Railways of Mexico. A branch line 18 km in length from Teziutlan to Aire Libre belongs to the Teziutlan Copper Co. and is leased and operated in conjunction with the mine.

Jan 1, 1933

By Robert J. Watters, Peter C. Kelsall, Joseph G. Franzone

Two separate studies investigated the compressive strength of basic igneous rocks and its relation to index properties such as porosity, density and soundrave velocity. The rocks tested were weathered dolerite from S. W. England and vesicular lavas from California. In both cases strength was affected considerably by porosity. In the dolerite, strength was also affected by fissures (microcracks) which were formed in the parent rock by shearing and later accentuated by weathering. While test results show that porosity, density and sound velocity are not reliable indices of rock strength, these properties are useful in interpretation of strength test results. Index testing can be used to classify samples according to similar behavior and to recognize the influence of fissures.

Jan 1, 1986

By B. C. Viljoen

"SynopsisCommencement of the next phase of the Lesotho Highlands Water Project is a year or so away from becoming reality. Some 50 km of tunnels in the form of access adits, shafts, diversion tunnels, and main waterways will be constructed. Sprayed concrete will form an integral part of the temporary and permanent rock support systems that will be installed. Furthermore, the use of sprayed concrete as a final tunnel lining solution was proposed as a viable alternative to concrete linings in the feasibility studies that preceded the forthcoming implementation phase.The aim of this paper is to make the reader aware of all the sprayed concrete related issues that engineers tend to grapple with during the design and construction of tunnel projects and other underground works. Primarily, these issues would include selection of applicable design parameters, technical specifications, construction application methods, quality control and, most importantly in the context of final or permanent linings, the durability of sprayed concrete.The International Tunnelling Association (ITA) Working Group (WG) 12 has been tasked specifically to publish a set of recommendations on the Quality and Control of the Application of Sprayed Concrete and the Testing of Sprayed Concrete for Durability. These tasks were also further explored at the recent World Tunnel Congress (WTC 2015) that was held in Dubrovnik, Croatia at the end of May 2015.IntroductionSprayed concrete is presented in a variety of shapes, designs, forms, application methods and accompanying terminologies including shotcrete, gunite, pneumatically applied concrete, and the like. The International Tunnelling Association (ITA) decided to standardize on a single terminology, namely ‘sprayed concrete’, in order to simplify specification, interpretation of guidelines, and codes of practice."

Jan 1, 2015

"The first 90 years of the last century generated a considerable volume of technical literature on the subject of grinding mill power and its prediction. It is therefore surprising that during this time there were no published models for predicting grinding mill power draw which were validated using a wide range of comprehensive industrial scale data.Notwithstanding this lack of data, the majority of models placed limited emphasis on the internal dynamics of mills and relied on simple assumptions which considered the charge to take up a fixed position and shape.Laboratory based studies (Liddell, 1986), and industrial data (Morrell, 1993), showed that these assumptions did not hold over a wide range of operating conditions, and brought into doubt the ability of the (then) existing models to accurately predict grinding mill power draw. Furthermore no model treated AG,SAG and ball mills as a single class of devices whose power draw could be predicted with the same equations.Through a detailed investigation of the charge dynamics, coupled with a large data base of industrial mill power draws, this situation was rectified by the end of the century, by which time a model had been developed and validated, which accurately predicted the power draw of all wet tumbling mills. This paper describes this model and reviews some of the earlier attempts at mill power modelling.INTRODUCTIONThe early 1900?s saw the beginnings of published papers which tackled the problem of what influenced the power draw of tumbling mills and what equations (models) were suitable for predicting power draw. This interest continued for the rest of the 20th century and the literature contains many papers that attempted to satisfactorily answer these questions. A common and disappointing theme in the majority of them, however, is the distinct lack of suitable experimentally derived power draw data. This deficiency consequently limited the practical application of many of the attempts at modelling mill power draw. Prior to the early 1990?s some limited data on the power draw of grinding mills in the literature can be found, but as Harris et al (1985) remarked they are ?... too frequently unusable simply because one or more essential variables have been omitted?. The absence of published results, from vigorous experimental testing of the various models, has resulted in a general lack of evaluation of the validity of assumptions and hypotheses that such models contain. Harris et al (1985) however, did make some efforts in attempting to evaluate the performance of various power prediction equations and in so doing further developed a semi-empirical one of their own. However, in using manufacturers? published data, which themselves were undoubtedly generated by proprietary equations of unproven validity, they probably succeeded in generating little more than a consensus of the various errors in these models."

Jan 1, 2003

By Frank Firmstone

When in charge of the Glen don Iron Works, the importance of good methods of filling was forcibly brought to my attention, and it occurred to me that the first step toward the discovery of the best plans was the accumulation of exact information as to the distribution actually effected by various chargers; also, that something could be done in this direction by careful measurements in the furnace, to be afterwards recorded for comparison on drawings. The figures shown herewith have been prepared from such measurements, and nearly all of them refer to Glendon, where the fuel used was anthracite and the ore-mixture about threequarters of New Jersey magnetic ores and one-quarter of brown-ores from the vicinity of the works. Every occasion furnished by the blowing-in of furnaces was utilized, but the data accumulated rather slowly in this way; and, opportunity oEering to make special trials at no great expense, the figures from 2 to 7 were thus obtained. The trials were made by dumping a hopperful (6 barrows) of material at once into the furnace, and, when all the fuel of a round (12 barrows) had been put in, the profile of the upper surface was obtained by stretching a steel tape across the top on a diameter and at a known height. By measuring down from this with a graduated rod, the profile was easily obtained with sufficient accuracy, especial pains being taken to get correctly the crests of the ridges and the bottoms of the hollows, as many intermediate points being included as seemed necessary. This was repeated on another diameter when there was occasion. The same course was followed for the limestone and ore.

Jan 1, 1899

By E. Lee Cameron

Summary Records of the past show that the first mineral production in what is now the Province of Manitoba consisted of salt, obtained about the year 1800 by the evaporation of brine. Also at an early time in our history, the Ordovician limestone at St. Andrews Locks, East Selkirk, and other localities was quarried for use as building scone in the construction of forts and fur trading posts. Both salt and building stone are still produced in Manitoba, although not from the original sources. In addition, there is now a substantial production of a variety of other industrial minerals and their products such as lime, crushed stone, gypsum, peat moss, and bentonite. The annual dollar value of production of the industrial mineral industry in Manitoba is today greater than at any time in our past and is derived from a greater variety of products. At the present time, exclusive of the various gravel pits operated by the Provincial Department of Public Works, twenty companies operating thirty-four separate pits, quarries, or mines are producing industrial mineral raw materials in Manitoba. This paper attempts to outline the development of the industry from its start about 1800 to the present, giving general information on the various materials produced. Some suggestions regarding the possibilities of establishing new industries based on other raw materials are given at the end of the paper.

Jan 1, 1949

By Fred A. Krafft

The time allotted to this paper will permit only the sketching of general principles and practice as generally employed in the industry to maintain and preserve the physical well-being of the miner and his family. Let it be emphasized on behalf of the industry that coal opera- . tors, individually and collectively, have given primary consideration to the appointment of a mine or community physician who is charged with the responsibility of caring for the sick and injured. However, it too frequently happens that with the selection or appointment of the camp doctor many operators wash their hands of further responsibility toward the health and the working efficiency of their employees. The coal industry is so organized in most of the coal-producing areas that not only is the health of the individual miner an important production problem but the collective health of the entire mining community is a fundamental operating problem. This is particularly demonstrated when epidemics of communicable diseases attack entire communities, with resultant loss of life and production and general community distress. The problem and responsibility of maintaining high health standards among miners and their families should be given as much consideration as safety, economical production and efficient distribution are given in the successful operation of coal mines. Company Policy In the inauguration or administration of a medical program for a large mining operation or for an individual mine, the first question to be solved is what the company policy is to be with respect to the following factors pertinent to a medical program: 1. On what basis will the company and the employees finance the program ? 2. Should a contract doctor or a full-time doctor on salary be employed ? 3. What measure of service is to be rendered the employee and his family in return for his monthly contribution to the medical program?

Jan 1, 1936

By Fred A. Krafft

The time allotted to this paper will permit only the sketching of general principles and practice as generally employed in the industry to maintain and preserve the physical well-being of the miner and his family. Let it be emphasized on behalf of the industry that coal opera- . tors, individually and collectively, have given primary consideration to the appointment of a mine or community physician who is charged with the responsibility of caring for the sick and injured. However, it too frequently happens that with the selection or appointment of the camp doctor many operators wash their hands of further responsibility toward the health and the working efficiency of their employees. The coal industry is so organized in most of the coal-producing areas that not only is the health of the individual miner an important production problem but the collective health of the entire mining community is a fundamental operating problem. This is particularly demonstrated when epidemics of communicable diseases attack entire communities, with resultant loss of life and production and general community distress. The problem and responsibility of maintaining high health standards among miners and their families should be given as much consideration as safety, economical production and efficient distribution are given in the successful operation of coal mines. Company Policy In the inauguration or administration of a medical program for a large mining operation or for an individual mine, the first question to be solved is what the company policy is to be with respect to the following factors pertinent to a medical program: 1. On what basis will the company and the employees finance the program ? 2. Should a contract doctor or a full-time doctor on salary be employed ? 3. What measure of service is to be rendered the employee and his family in return for his monthly contribution to the medical program?

Jan 1, 1936

By Jerome Apt

This report presents the methods and results performed pursuant to the U. S. Bureau of Mines contract entitled "Noise Abatement in Mining Machinery," Number H0122054. 2.1 Background Until the Congress of the United States created and passed Public Law 91-173, the Federal Coal Mine Health and Safety Act of 1969, there were no directly-applicable standards for noise exposure for underground coal miners.1 Section 206 of this law, approved December 30, 1969, provided for standards of noise to be applicable to each coal mine. It is as follows:

Jan 1, 1975

By J. W. Paul

This paper deals with the third phase of on extensive research on coal-mine ventilation factors. A comprehensive report of the entire work is in course of preparation, but abstracts of the various chapters are being prepared in order to make the results public as rapidly as possible. Parts I and II of this paper were issued Serial 2621 and Serial 2647 of the Bureau of Mines in July and October, 1924. They dealt with the resistance of unobstructed entry and the resistance caused by mine cars in untimbered entry. Description of the Tests After the resistance of unobstructed entry and of mine cars in untimbered entry had been determined by tests in the Experimental Mine, three different types of timbering were installed in the test section and the increased resistance caused by the timbering was determined.

Jan 1, 1925

By Joe O. Ledbetter

INTRODUCTION Health physics as a profession really got a significant start during the Manhattan Project of World War 11. The Health Physics Society has recently published its 25th anniversary issue of the journal (June 1980). There was concern over radiation exposures during and after uranium production, especially about radium and its daughter products [Jackson 19401 and, as evidenced by the frequency of articles in the literature, there still is. The reason for this concern was expressed by Harley as "Workers engaged in the mining and pro- cessing of radium-bearing materials are exposed to dusts of the parent, to radon, and to the radon daughter products. In- haled radioactive particulates may be retained in the lung or redistributed to other organs of the body. Relatively minute de- posits of radioactive substances, particularly alpha emitters, have been clearly shown to be the etiological factor in a variety of injuries to industrial and re- search workers. " [Harley 1953] Emphasis in measurements has been placed on radium in water and radon in air, since these are the principal mobilized phases; however, it should be kept in mind that radium-containing particles do become suspended in air as aerosols and radon absorbs in liquids. Much of the uranium mining and production is being carried out aboveground. The principal difference between underground and surface (pit or leach) mining of uranium is the reversal in the relative importance of roles for the types of radiation dose. For aboveground the major radiation exposure is external gamma ray, whereas for underground it is internal alpha; for aboveground, the whole body penetrating is of greater importance than the lung alpha dose. AS a result of the politics involved and the law- suits for any and all diseases as being occupationally- caused, today , more than ever before, the successful performance of the activities connected with uranium production--before-, during-, and after-the-fact-- must include the provision of first class radiation protection. Such protection can be achieved by good measurements, thorough risk evaluations, and adequate controls. Meeting the ALARA (As Low As Reasonably Achievable) philosophy necessarily entails the determination of what is reasonable exposure. The necessary and sufficient elements of radiation safety under the ALARA dictum require a hard look at the dose versus effects data. There are times when the health physicist needs to make decisions of judgement rather than compliance with a well-defined regulation value. In order to facilitate such decisions, the real world must be separated from opinions that are merely artifacts of statistical variation and from the unprovable "what ifs" that are slanted to question the morality of any non-Luddite. UNITS VOCABULARY FOR DOSIMETRY There have been many radiation quantifying and dosimetric units introduced in the past. Fortunately, most of them did not catch on enough to become required knowledge for reading the health physics literature. The unit definitions necessary for our purposes here are the following: -curie (Ci)--unit of radioactivity equal to 3.7 x 10 10 disintegrations per second Webster&apos;s 19711 or the quantity of radionuclide that undergoes 3.7 x 10 nuclear transformations per second. Environmental levels of radioactivity are usually measured in picocuries (10-l2 Ci) per cubic meter for air and in picocuries per liter (pCi/~) for water and sometimes for air. .roentgen (R)--exposure dose of x or gamma rays that gives 1 esu of charge (either sign) to 1 cc of dry air @ STP. The roentgen is equivalent to an energy absorption of 86.7 ergs/g of air [Gloyna and Ledbetter 19691. .rad--radiation absorbed dose of 100 ergs per gram of absorber. The SI unit for absorbed radiation dose is the Gray; 1 Gy = 100 rads. orem--radiation absorbed dose of 1 rad times the quality factor (QF) for that radiation. The QF is 1 for x rays, gamma rays, beta rays, and posi- trons. For heavy ionizing particulate radiation, QF is a function of the amount of energy trans- ferred per unit length of travel, i.e. , the linear energy transfer (LET); the values of QF:LET in keV/um are as follows: 1:<3.5; 1-2:3.5-7; 2-5:7-23; 5-10:23-53; and 10-20:53-175 [Morgan and Turner 19 671 . For radiobiology, relative biological effectiveness (RBE) is recommended for use instead of the quality factor above that is for radiation protection: the RBE is the ratio of the dose of 200 kVp x rays to the dose of radia- tion in question (both in rads) to cause the same

Jan 1, 1980

By C Sylvestre

Leaders have invested heavily in traditional safety management to improve safety performance over the years. This primarily involved: • fixing the environment (eliminating the hazard) • improving the system (more/less rules, procedures etc) • making safety more conscious (more/better interactions about the importance of safety). These approaches have helped improve safety performance significantly during the last 50 years and will continue to play a role in the future. Although these approaches may be part of an overall solution, they are not enough to prevent many incidents. Today, these three approaches are used more than before, and are used better than ever before. Yet, workplace fatalities in Australia have stagnated from 2013 to 2019, as have the number of incidents, even serious ones. In the USA, workplace fatalities have increased by 15 per cent in the same period.

May 5, 2022

By X T. Nguyen

Western AustraliaÆs Mining Act 1978 was amended in 2010 to provide for the requirement of a mine closure plan to be submitted to the Department of Mines and Petroleum (DMP) for approval, as part of a mining proposal application. The mine closure plan must be prepared in accordance with approved guidelines. Guidelines for mine closure plans were developed to assist the mining industry in Western Australia to plan and implement effective closure of mines. The guidelines focus on the application of integrated mine closure principles and industry best practice information on mine closure. This, includes stakeholder consultation, risk based approach, data collection and monitoring, development of completion criteria and financial provision.Due to the potential high level of public interest in the guidelines, extensive consultation with stakeholders was conducted. The purpose of this paper is to share experiences from the consultation process.CITATION:Nguyen, X T, 2012. Mine closure guidelines for Western Australia and consultation process, in Proceedings Life-of-Mine 2012 , pp 43-46 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 10, 2012

By A. B. Whitehead

A spectrographic method for the determination of 18 impurities in cerium is presented. The carrier distillation technique is utilized to separate the spectra of impurities from the complex spectrum of cerium. Metal samples are ignited to the oxide, mixed with silver chloride carrier containing an internal standard, and excited with a 20-ampere direct-current arc. An additional exposure, made after carrier depletion, provides for the determination of refractory elements. Experiments to determine the best carrier, sample-carrier ratio, electrodes, arc current, exposure conditions, internal standards, and any matrix effect are described. The relative standard deviation of the method at the 20- and 200-part-per-million levels is about 25 and 15 percent, respectively. The average relative error is about 20 percent in the 10- to 1,000-part-per-million concentration range.

Jan 1, 1962

By R. L. Wolfrom, R. Hogg, S. Chander

A gravimetric method for measuring rates of capillary rise in powders was explored. Methods to improve reproducibility and consistency of the results were investigated. In particular, the effects of particle size and packing uniformity were addressed. Studies of the wetting behavior of both spherical glass beads and irregularly shaped synthetic graphite particles by various organic liquids were carried out. Standardized procedures for bed preparation are described. The applicability of the Washburn equation for surface energy evaluation in such systems is discussed.

Jan 1, 2002

By Y. M. Zhao, C. L. Duan, Z. F. Luo, X. L. Yang

"Fine coal beneficiation in a dry way is considerably imperative for the efficient utilization and conservation of coal resource in drought regions, especially for China. In this study, a continuous vibrated gas-fluidized bed separator was established and developed based on the results of laboratory batch separation results. The fluidization behavior and the effects of several main parameters including superficial air velocity, vibrational parameters, bed height and separating time were systematically investigated. The results showed that the bed expansion increased linearly with the superficial air velocity and theoretically, higher bed expansion benefited the hindered settling process of fine coal particles. However, larger superficial air velocity would induce intense fluctuation in bed surface and a poor performance of density segregation. The conveying velocity of particles was mainly determined by the vibration angle and a predicted model was established by the nonlinear regression analysis. A theoretical model of bed height distribution was established and this model fitted the measured value well. The beneficiation performance of this separator was evaluated by separating -3+1 mm Wuhai fine coal. The results showed that the probable error, E, is 0.225, indicating a continuous vibrated gas-fluidized bed separator could achieve a satisfactory performance.INTRODUCTIONFine coal beneficiation in a dry way is considerably imperative for the efficient utilization and conservation of coal resource in drought regions, especially for China. Meanwhile, it is also conducive to environment protect and low-carbon, green development of coal sector. In recent years, the increasing academic interest in the field of fine coal dry beneficiation has been aroused in most of big coal countries. In summary, recent processes of fine coal dry beneficiation are, according to their processing principles, mainly classified into two categories: dense medium beneficiation (Dong et al., 2015; Fan, Chen, Zhao, & Luo, 2001; Luo et al., 2008; Macpherson, Iveson, & Galvin, 2011) and improved pneumatic beneficiation (Patil & Parekh, 2011; Yang, Zhao, Luo, Song, & Chen, 2013; Yang, Zhao, Luo, Song, Duan, et al., 2013; Zhao, Zhao, Chen, & Luo, 2015). The former deploys artificial dense medium, such as magnetite powder and fine sand, to form a stable gas-solid suspension with certain density under the function of the upward fluidizing air flow and in some case, the external force field like vibration and magnetic field. Generally, it is believed that the process of air dense medium fluidized bed (ADMFB) is suitable for separation of coarse coal (-50+6 mm) and can't obtain a satisfactory result for fine coal separation (Luo, Chen, & Zhao, 2002; Luo et al., 2008). However, some recent laboratory efforts (Patil & Parekh, 2011; Zhang et al., 2014) attempt to find an improved performance for fine coal beneficiation in ADMFB with some modifications. The point of these works is to use a comparatively shallow bed and finer magnetite powder with appropriate size distribution. It is known that fluidization of finer magnetite powder is prone to arouse adverse fluidization properties such as channeling and slugging. Thus, the external force is introduced to an ADMFB in order to improve the fluidization quality of a magnetite powder bed. Some recent literature on air dense medium magnetically stabilized fluidized beds (Fan et al., 2001; Luo, Zhao, Chen, Fan, & Tao, 2002; Song, Zhao, Luo, & Tang, 2012), air dense medium vibrated fluidized beds (Luo et al., 2008) and Reflux Classifier (Macpherson, Iveson, & Galvin, 2010) reports that the separation efficiency, namely the probably error E value, of dense medium separation of fine coal ranges from 0.066 to 0.07, indicating a good separation performance. But, the main unresolved problems of dense medium beneficiation are located in the processes of product purification and medium recovery and are urgent to be solved befor"

Jan 1, 2016

By H. John Head, Fred N. Kissell

In This Chapter [Gas reports from around the world Regulations for gassy mines in the United States Differences between metal/nonmetal mines and coal mines Monitoring for methane and taking action Diluting methane with additional ventilation Eliminating ignition sources What experienced mine operators say about methane control and Looking for methane when starting a new mine or expanding an existing mine] This chapter gives guidelines for preventing methane gas explosions during metal and nonmetal mine development and subsequent production operations.3 Emphasis is placed on recognizing the differences between coal mines, where the potential for methane hazards is relatively well understood, and metal/nonmetal mines, where methane may accumulate unexpectedly. Also, interviews with experienced mine operators add much to a complete understanding of what must be done to address methane problems in metal/nonmetal mines. METHANE GAS IN METAL/NONMETAL MINES Gas reports from around the world. The presence of methane gas in metal/nonmetal mines around the world is more common than one might imagine [Edwards and Durucan 1991]. For example: • The former Soviet republics have occurrences of methane and hydrogen in apatite, gold, and diamond ores, where solid or liquid bitumen occurs in the rock. • Scandinavian iron ore deposits include methane and other hydrocarbons in boreholes that intersect pitch and asphalt within the deposits, and methane and nitrogen in boreholes and fissures in arsenic and sulfide ores.

Jan 6, 2006

By Daniel Lakovic

"Mining operations can create a negative environmental impact, especially when considering the tailings that are produced through the processing of ores. Tailings are finely grained residues that form sludges. The tailings are deposited into giant basins, or sludge ponds, where they create a burden on the environmentby limiting the use of processed water.Tailings are one of the most important environmental liabilities for mining operations because of their large proportion in relation to the ore mined — generally 90 to 98 percent. To get to the valuable minerals, mining companies must move large amounts of rock. The rock is ground and then treated, usually with the addition of chemical solutions and large amounts of water. The lower the concentration of the valuable resources, the greater the proportion of accumulated excavated material sludge.Sustainable tailings management requires responsible handling, making it one of the mining industry’s greatest challenges. The proper technology should include consistent control of the environmental risks and impacts, as well as a proper relationship with the communities that surround the mining operations.The tailings, which can remain partly contaminated with chemicals, are pumped into the large sludge basins, which are secured by earthworks. During the mining operations, the basins must be stable enough to withstand the pressure of the stored excavated material. The storage option is still used, but it has failed on occasion. And when it does, it increases the risks to the environment and binds the unused process water. The more complex the availability of fresh water required for industrial use and for human consumption and their economic activities — for example, farming and agriculture — the more complex the conflicts that have the potential to shut down mining operations. With modern separation technology solutions, it’s possible to process the sludge and recover the processed water. However, the responsible use of the water is critical. Therefore, mining companies must rely on technologies that allow for proper reclamation of the water, whether re-using in their own processes or treating it to return it to the environment."

Dec 1, 2018

Companies involved in the mining industry are exposed to risks, referred to as corporate risks, as part of the business process. Directors and management should be aware of these risks and make appropriate business decisions to address each risk. If business risks are not addressed on a timely basis the consequences are likely to be serious and will adversely impact the ultimate success of the business.The key corporate risks are:Poor cash flow and treasury management. ò Incompetent or unmotivated staff.ò Poor product quality.ò Accounting systems that do not provide meaningful and timely information.ò Computer system deficiencies. ò Ineffective credit screening.ò Assets not adequately protected.ò New ventures undertaken that are either inappropriate or not adequately researched.Exposures to corporate risk should be dealt with by Directors and management by systematically identifying major risk areas and implementing appropriate internal and management controls to deal with such risk areas. Proper management controls and procedures include the setting of overall corporate objectives and policy, monitoring adherence to such policy, establishing early warning systems to highlight problem areas and maintaining security over assets.

Jan 1, 1990