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By Markus A. Reuter, Albert Scholte, Ewoud V. Verhoef, Gerard P. J. Dijkema

A dynamic, interactive map has been developed of the life cycle of a number of metals, from mining through to minerals processing, metal production, product manufacturing, recovery and waste management. Whilst the existing metal process network and waste management infrastructure provide substantial scope for (product) design, these also limit change due to the complex interdependence of metals, both in production and recovery, and the strong path dependency of industry and infrastructure development. Therefore, models for dynamic simulation were constructed that allow the specification and evaluation of the metal process network and waste management infrastructure ‘products’ over a longer time span. The model has been constructed using a bottom-up approach, to enable assessment of the environmental aspects of metallurgy and to simulate changes in the system structure and technology, i.e. from reactor or individual process step up to integrated material cycles. The model comprises hierarchical mass balances and linear models of individual processes and sub-processes. Thus, at lower system aggregate levels an increasing level of technical detail is represented. Data reconciliation has been used literature data on process feed, products and residue composition to calculate representative and reliable split factors around each (sub-)process. World production figures on process capacity and recovery rates are be used to calculate the relative contribution of processes. The dynamic map is illustrated with a case on the introduction of lead-free solder.

Jan 1, 2003

By Ivan César Lopes Diniz, César Romero Afonso Goulart Júnior

Mandrels are tools applied to manufacturing seamless tubes. In VSB plants (Vallourec Soluções Tubulares do Brasil), it is used in two mills. Mandrel and PQF Mills. This is an expensive tool due its alloy (hot work tool steel – AISI H13) and lengh (between 12 meters and 22,5 meters). An opportunity to apply mandrels from PQF in Mandrel Mill has been identified. However, mechanical properties of PQF mandrels must be improved. This work presents the heat treatment process of Quenching and Tempering developed internally at VSB to improve PQF mandrel properties aiming to achieve Mandrel Mill requirements. Hardness and metallography tests were performed before and after some steps of the heat treatment to characterize and validate the process.

Oct 5, 2019

By Md. Maniruzzaman

The quenching performance of a liquid quenchant can be controlled by controlling the agitation in the quench tank. Without agitation, a vapor layer or bubbles form at the hot part surface and the natural convention of the quenchant limit the heat extraction rate at the quenched part surface. Resistance to the heat extraction rate can be reduced by breaking the vapor layer or by inducing a turbulent convection at the part surface through agitation (Le. forced circulation of the quenchant). To determine the effects of agitation on the quench performance of a mineral oil based quenchant, the CHTE quench probe system was used with AISI4140 steel probe tip. Quenching performance of the oil is evaluated by computing the effective heat transfer coefficients of the steel probe as a function of surface temperature using Lumped Parameter Analysis. In addition, computational fluid dynamics (CFO) simulation of the quench tank with an impeller type agitator has been done to understand and predict the fluid flow pattern in the tank. CFO simulation also provides insights for determination of optimal location of the impeller and the quench probe tip. Keywords: CHTE Quench Probe, agitation, CFD simulation, liquid quenchant, 4140 steel

Jan 1, 2003

By David Sutherland

The treatment of a complex orebody requires a thorough understanding of its mineralogy. If there is a poor appreciation of the mineralogy involved, difficulties can emerge with the efficient exploitation of the resource. Recently, there has been a lot of interest in automated image analysis systems, which aim to improve the reliability and accuracy of the data, which can be gathered. In this sense, the paper point out the process mineraloggy for complex ores. Mineral modal analysis a description of texture and liberation studies are the basis of these measurements. They have been applied to a wide range of mineral systems including copper, lead, zinc, silver and gold.

Sep 13, 2001

By Jerry W. Ramsey

The Bureau of Mines studied two Pennsylvania anthracites using low-temperature carbon dioxide adsorption. A modified form of the Brunauer-Emmett-Teller equation was used to calculate specific surface areas. Two mesh sizes of each anthracite were used to determine how gamma irradiation at 106 and 108 rads, both in vacuum and in the presence of air, affected the carbon dioxide surface areas. Results show that anthracites have a system of pores that are essentially all interconnected rather than isolated; that anthracites differ from one another in specific surface, which may correlate with density; and that irradiation in vacuum has no discernible effect on specific surface of anthracite, but irradiation in air does produce changes in specific surface.

Jan 1, 1966

By Baochun Wang, Hongli Jia, Zhaolian Wang, Fengliang Liu

"Promote and apply a new beneficiation technology and equipment effectively processing the refractory and medium-fine grained weak-magnetic minerals. HUATE® Forced-oil Cooling Vertical Ring WHIMS adopts the transformer oil cooling technology to cool excitation coils, solving the easily generated scaling problem resulting from water cooling, thereby to eliminate the demineralized water system. With <25 temperature ?raise, its magnetic field is stable. Wrapped by outer magnetic armor, it can generate a background intensity 1360kA/m. It effects very well in 1) wet preseparating the weak-magnetic coarse grains, like hematite, manganese ore, ilmenite, and purifying the concentrate; 2) removing the ferrous impurities and purifying the non-metallic minerals, like quartz, feldspar, kaolin; 3) enriching and recovering tailings from non-ferrous metals, like copper, lead, cobalt, molybdenum, thereby to greatly improve the mine resource utilization. It has applied 14 relative patents in China, and the invention patent in 56 countries, like Russia, USA, Australia, via PCT international organization. HUATE® WHIMS has been applied and accepted in more than 100 mines in and out of China. Compared with water cooling vertical ring WHIMS, it’s energy-saving and water-saving, and avoiding generating the scale. While compared with JONES WHIMS under the same separation indexes, it’s featured of more space-effective, lighter, lower costs, higher gradient, higher efficiency, larger processing capacity and wider grain application scope. Greatly promoting development of mineral processing technologies, HUATE® WHIMS is the equipment to reduce costs and improve efficiency urgently needed by the mine enterprises now.INTRODUCTIONAt present, influenced by the price and production factors, the international market demand for the grade of iron ores is increasing continuously. Restricted by the ore occurrence state, the beneficiation technology level and product economic value, every year the stope strips the stockpiling and discards hundreds of millions of tons of waste rocks containing iron, especially the weak magnetic hematite and limonite with <20% Fe%. The utilization technological bottleneck of these waste rocks makes their concentration ratio as high as 5-6, which leads to the huge wastes of energy, materials and beneficiation reagents and the increase of production costs. The effective solution is to improve the selected Fe% of the waste rocks like hematite. With the successful application of HPGR technologies in Chinese large iron mines, the mill feeding size has been reduced to 6-0 mm or 3-0 mm from the original 15-0 mm in the crushing system with 3 stages of crushing and 1 stage of closed circuit. This creates the conditions for the wet separation and recovery. While for the medium-fine grained weak-magnetic minerals, it lacks of the effective separation and recovery equipment in the world, which’s badly in need of R&D of the medium-fine grained high gradient wet strong magnetic preseparation equipment."

Jan 1, 2016

By B. van Beek, J. H. Zietsman, A. Lexmond, N. J. Andrew

"In platinum group metals (PGMs) smelting, the slag-to-matte ratios are very high (approximately 4:1 to 9:1). The slag temperature therefore has a strong influence on matte temperature, which is a continual concern due to the low matte melting temperature and its resultant high superheat. Maintaining a stable slag temperature is therefore a critical safety and operational issue. This project aims to improve the understanding of the slag bath temperature drivers so that a more effective slag bath temperature control strategy can be implemented.With the aim of developing a multiphysics model of the furnace, extensive data analysis was performed to develop an in-depth understanding of the process before the start of modelling work. In this work, the effect of fluctuating furnace feed composition on slag temperature was examined. The results are based on equilibrium calculations using FactSage, implemented with ChemApp.A method was developed, using an equilibrium calculation at 25°C, to convert the available chemical assays to approximate mineralogical assays in order to determine the feed enthalpies. Actual 2013 furnace feed data was used and the average specific energy requirement to produce slag and matte at 1600°C was calculated to be 671 kWh/t concentrate. The furnace energy input was then kept constant, and it was found that the slag temperature varies significantly as a function of the feed composition. These results were compared to actual slag temperatures measured on site. It was found that close management of the furnace energy balance is important for maintaining a stable slag temperature."

Jan 1, 2014

By Hwa-Soo Park, J. K. Yoon, Hoseok Nam

In a thin slab casting process, control of fluid flow in mold is particularly difficult due to the high casting speed and large aspect ratio of the mold and the understanding of the fluid flow motion as well as heat transfer in mold is regarded as the most important information because the melt delivery is directly related to the problems of shell growth nonuniformity, surface turbulence and mold powder entrapment. A mathematical model has been developed for the coupled analysis of fluid flow, heat transfer and solidification in funnel type mold using finite volume method based on a body fitted coordinate and the characteristics of the transport phenomena in the mold of thin slab caster were analyzed by numerical simulation. As a result of simulation, the basic flow pattern is characterized as four large recirculations and two small eddies near the narrow faces of mold, which is somewhat different from that of parallel type mold or other conventional slab caster. The heat transfer model accurately predicted the mold positions susceptible to cracking as a result of thermal stress and the predicted shell thickness shows good agreements with the measured shell thickness on breakout products. We also investigated the influences of some operation parameters such as casting speed, nozzle type, submerging depth and mold material on fluid flow, heat transfer and distribution of solidifying shell and various information for the determination of optimal operating conditions were obtained.

Jan 1, 2000

By R. Blickensderfer

Laboratory wear testing was conducted by the Bureau of Mines on a variety of typical wear-resistant alloys used in mining and mineral-processing equipment to establish their relative spalling and abrasion resistance. Test specimens in the form of 75-mm-diam balls were subjected to repeated impacts until they broke, spalled excessively, or received several hundred thousand impacts. Pin specimens removed from the balls were evaluated for high-load abrasive wear. The alloys in-cluded commercial forged steels, cast steels, manganese steels, and four types of white cast iron, with a range of heat treatments. The effects of hardness and microstructure on impact wear and abrasive wear are discussed. The data should help mine operators select the compositions and heat treatments that best suit service conditions.

Jan 1, 1985

By C. Burton Clark, J. Spotts McDowell

Refractories are defined as "materials having the ability to retain their physical shapes and chemical identities when subjected to high temperatures," or as "nonmetallic materials suitable for the construction or lining of furnaces operated at high temperatures." While resistance to "high" temperatures is thus the primary requirement for refractory materials, it is by no means the sole requirement. They must be able to withstand thermal shock resulting from rapid heating or cooling; other stresses induced by temperature change; pressures from the weights of furnace parts or contents; mechanical wear (abrasion) resulting from movement of furnace contents; and chemical attack by heated solids, liquids, or gases. Refractories of many kinds are needed for the many and widely diversified industrial applications. Those in greatest demand are classified on the basis of composition or properties into a few main groups, known as alumina-silica, silica, basic and insulating refractories. In each of these groups there are several classes. In addition to those included in the main groups, there are various special refractories, including silicon carbide, carbon, zircon, zirconia, alumina, and several others. Alumina-silica refractories comprise two main divisions: fire clay and high-alumina. The alumina content of fire-clay refractories covers the range from about 45 pct to 18 pct, and the silica content from 50 pct to 80 pct. The alumina content of fired high-alumina refractories ranges from about 99 pct to 45 pct, and the silica content from about 0.5 pct to 50 pct. Silica refractories of the different classes contain 94 pct to 97 pct silica. Basic refractories include periclase (magnesite), chrome spinel, forsterite, and dolomite. Refractory materials, including insulating firebrick, are supplied mainly as preformed shapes. Other products include bonding mortars and high temperature cements, ramming mixtures, plastic firebrick, hydraulic setting castables, dead-burned grain magnesite, and dead-burned dolomite. Refractory brick are classified on the basis of their physical form as Standard Sizes and Special Shapes. The Standard Sizes are brick of certain definite sizes and relatively simple design which are used in sufficient amounts to permit quantity production. The brick most widely used are the standard 9 in. X 4 ½ in. X 2 ½in. and 9 in. X 4½in. X 3 in. straights and corresponding series of sizes. All brick of nonstandard dimensions are regarded as "special shapes." They include a wide variety of brick regularly used for specific services, such as baffle tile for boilers, checker brick for regenerators, and others; together with shapes of special design manufactured on particular orders from designs submitted by the user. Not included in the broad classifications of Standard Sizes and Special Shapes are several specific-service refractory products, usually made by companies which specialize in their manufacture, or in some cases by the consumers themselves. These products include

Jan 1, 1960

Electronic Detonators have made significant strides over the last few years, both in quality of product and performance in different blast applications. The precision and flexibility of the SMARTDET units provides the mines with a powerful means of controlling blast results, giving both cost and productivity improvements. The SMARTDET Electronic Detonator System, robust and easy to use, has been successfully deployed over the last 18 months in improving mine productivity and creating safer working conditions in both quarrying and long-hole stoping. The key to the improvements has been the precision and flexibility of the electronic timing, and the ability of the mine personnel to grasp the concept quickly and use it effectively.

Jan 1, 1999

By Jacob Carr, Rebecca Knuth, Emily J. Haas, Marvin Cheng, Bob Bissonette

Many industries, including mining, are experiencing an increase in the use of robotic and other artificial intelligence (AI) systems to improve efficiency, productivity and precision. For example, a 2023 survey showed that mining industry executives wanted to integrate more autonomous equipment to improve productivity and alleviate workforce shortages (Haas, 2024). This feedback was coupled with an increased appetite to advance the types and uses of automation and AI in the workplace. However, there is also an increasing concern about the ways that robotic applications may unintentionally affect worker safety. Humanmachine interaction poses potential risks, especially when industrial robots operate near workers in specific environments (such as drilling, handling and transporting materials, equipment inspection and lifting heavy loads). Research has explored the unintended consequences of introducing new technologies or processes in the workplace to include incidents such as being struck by equipment and challenges around data privacy (Lööw et al., 2019; Khurram et al., 2025; Haas and DuCarme, 2015; Almeaibed et al., 2021; Zio and Miqueles, 2024). More recently, the use of digital twin technologies and simulations (hereafter referred to as digital twin systems) has been boasted as a tool that can help prevent unintended consequences around worker safety by identifying and mitigating risks before a worker completes a task in tandem with a robot or other new technology. Digital twin systems produce a virtual replica of a physical environment or process (Almeaibed et al., 2021; Zio and Miqueles, 2024; Saes, 2024). To this end, this article explores the potential role of digital twin systems in enhancing safety within mining and other similar environments. It will primarily focus on environments where robots and human workers may interact, although digital twin systems can be useful with other technology applications. First, we define digital twins and digital simulation as components of a system. Then, we highlight possible applications of digital twin systems in mining to replicate real-world processes, followed by potential benefits of their use and where more research may be needed.

Oct 1, 2025

By Jupneek Singh, Zachary A. Kiehl, Leila Safazadeh, Gareth Kennedy, Eleonora Widzyk-Capehart, Jeremy W. Ward

Mine workers are continuously exposed to a host of nonfatal stressors and potentially fatal hazards: noise exposure, excessive vibration, poor air quality, toxicant exposure, ignition of combustible gases, equipment-related accidents, and thermal heat stress. Wearable or portable sensors and contextual analytics provide a platform to unobtrusively collect and fuse multimodal health and safety data in real time to compute both acute safety and longitudinal health insights. This paper presents preliminary trial results, conducted by Simtars, VigiLife, Inc., and Queensland Mines Rescue Service, of the application of wearable sensors to monitor heat stress and other vital biometrics for mines rescue personnel.

Feb 1, 2024

By P. Bissert, L. Yan, D. Yantek

"Federal regulations require refuge alternatives (RAs) in underground coal mines to sustain life for 96 hours while maintaining an apparent temperature (AT) below 35°C (95°F). NIOSH research has shown that heat and humidity buildup is a major concern with RAs because they have a limited ability to dissipate heat, and high internal air temperature and relative humidity (RH) may expose occupants to heat stress. The heat transfer process within and surrounding an RA is very complex and is not easily defined analytically nor experimentally. To investigate heat and humidity buildup in RAs, NIOSH conducted multiple in-mine 96-hour tests on a 6-person metal-type RA, a 23-person tent-type RA, and a 10-person tent-type RA. The test results show that when moisture was introduced into the tests to represent perspiration and respiration from miners (wet tests), the average measured internal air temperature at midheight increased by 7.7°C, 9.4°C, and 10.5°C, and the RH approached 95%, 94%, and 88%, respectively. For the dry tests when no moisture was introduced, the average internal temperature increased by 8.4°C, 10.3°C, and 12.6°C, respectively. INTRODUCTION If an accident occurs in an underground coal mine, miners who cannot escape from the mine can enter an RA for protection from adverse conditions, such as high carbon monoxide levels. One of the main concerns with the use of mobile RAs is the thermal environment inside the RA. The metabolic heat of the occupants and the heat released by the CO2 scrubbing system will cause the interior air temperature to increase. Moreover, the humidity within the RA will increase through occupants’ respiration and perspiration and from the chemical reaction within the CO2 scrubbing system. The internal thermal conditions can subject miners to heat stress, which can lead to heat exhaustion, heat stroke, or even death depending on duration and magnitude of exposure. MSHA regulations require that RAs must be designed to ensure that the internal apparent temperature does not exceed 35°C (95°F) when the RA is fully occupied [1]. Apparent temperature (AT) is a temperature-humidity metric for the perceived temperature caused by the combined effects of air temperature, relative humidity (RH), and wind speed. It is used to assess the perception of indoor temperatures when workplaces are not sufficiently heated, cooled, or insulated to provide comfortable or healthy conditions. Before a mobile RA can be deployed at an underground mine for emergency usage, it must be tested to show that its internal AT when fully occupied will not exceed the 35°C (95°F) limit. For practical reasons, RA manufacturers usually conduct their tests at above-ground test facilities. To investigate RA thermal response in an in-mine environment, NIOSH conducted multiple 96-hour tests on a 6-person metal-type RA, a 23-person tent-type RA, and a 10-person tent-type RA in its underground coal mine facility. The work described in this paper could be used by RA manufacturers to determine a final temperature rise based solely on dry and time-reduced testing."

Jan 1, 2017

By F. Burat

The present research covers the results of experiments carried out with high frequency vibration screen on dewatering of coal fines. In the tests, the addition of surface active reagents was studied employing a high frequency vibrating screen. To increase the efficiency of mechanical dewatering processes, ultrasonic treatment was applied along with surfactants and optimum dewatering conditions were obtained. The moisture content of the feed material was from 82.5% to 41% by the optimization of operation parameters including the angle of the screen, vibration frequency, feed rate and screen opening size. Optimum parameters obtained in dewatering processes carried out with the vibrating screen were kept constant and the effects of surface active reagents and ultrasonic treatment on dewatering were investigated. Finally, the moisture level of the material was further reduced from 41.0% to 37.66%.

Sep 1, 2012

By H. O. Jahns

This paper describes the application of regression analysis for obtaining a two-dimensional areal description of heterogeneous reservoirs from short-term pressure-time data such as that obtained in interference tests. The method replaces the time-consuming trial-and-error procedure commonly used to match field data on an electric analyzer or digital computer with a systematic search which is programmed for a computer. The computer program adjusts the properties of a reservoir model automatically until a least-squares fit is obtained between observed and calculated pressure data. The reservoir is simulated by a single-phase, compressible, two-dimensional model. It is divided into a number of homogeneous blocks whose transmissibility (kh/F) and storage (Fch) values are varied to obtain the least-squares fit. The reliability of these values is determined from their standard deviations and correlation coefficients. Although the method is rigorously applicable to single-phase flow only, multiphase flow can be handled provided saturation changes are small during the test. Possibly the method can also be used to obtain a reservoir description from pressure-production history, but this application is outside the scope of this work. The paper includes, in addition to a description of the numerical procedure, a discussion of some of the problems associated with the method. Rules are given to help in selecting the number of homogeneous blocks and deciding upon their arrangement. The uniqueness of a reservoir description is considered. Finally, the use of the method is illustrated by the interpretation of field data from two interference tests. INTRODUCTION Pressure data from short-term transient tests, such as single-well and interference tests, are widely used to obtain reservoir properties. These tests are usually analyzed by assuming a simple reservoir model; very often, a homogeneous one is used. As a result, analysis of the transient data from each well frequently gives different values for reservoir properties. The problem then arises to combine all these differing results into a more detailed picture of the reservoir. One technique is to simulate the reservoir with a digital computer or with an electrical analyzer and to adjust the reservoir parameters by trial and error until the simulated pressure data are in reasonable agreement with the observed pressure data for all wells. Although this method has been used for both transient tests and pressure-history data, it is time-consuming and subjective. A second technique uses regression analysis to replace the trial-and-error procedure with a systematic search that can be programmed for a digital computer. Use of regression analysis in reservoir description was proposed recently by Jacquard and Jain.1 They divided the reservoir into a number of homogeneous blocks whose properties are varied until a least-squares fit is obtained between observed and calculated pressures. However, they did not consider their technique to be operational, mainly because of ".. .(I) the lack of experience in using the method .. . notably for the improvement of convergence; and (2) limitations imposed by the insufficiency of available computers". 1 While the analysis presented in this paper applies the same general principle used by Jacquard and Jain, the specific method is significantly different. Some differences are (1) the regression problem is solved in a different way which requires less computer time in most cases; (2) a stepwise solution, in which the detail in the reservoir description is increased from step to step, is used to improve convergence; and (3) the reliability of the estimated reservoir .properties.. as measured by their standard deviation and correlation coefficient, is estimated&apos;

Jan 1, 1967

By M. Mirnezami, J. A. Finch, S. Uddin

A fast, reliable and practical way of measuring zeta potential using sedimentation potential method is proposed. A cell was designed along with the instrument control software to determine the required variables simultaneously i.e. sedimentation potential, specific conductivity, volume fraction of solid as well as pH. High purity alumina and silica powders were used as test samples. Measured zeta potential using the proposed technique was comparable with the results by electrophoresis.

Jan 1, 2009

A direct comparison has been undertaken between laboratory wind tunnel experimentation and computational fluid dynamics simulation of a 3D manufactured analogue for a body of fractured broken rock, created with CAD/CAM techniques. Detailed descriptions of the ?design? of the analogue (using a discrete element analysis multi-body simulator), its manufacture (using computer aided design and 3D printing technology) and the laboratory experimentation (inserting the physical analogue into a laboratory scale wind tunnel) are presented. The agreement of the results of direct experimental observations on the manufactured analogue with the values from CFD simulations of those experiments justifies the utilization of a CFD environment for the practical investigation of geometric factors controlling air flow and heat exchange in complex assemblages of broken rock blocks. The ultimate goal is described, that of developing functional relations between bulk properties of such assemblages (such as their porosity and bulk density) and the low-level geometric factors that dictate the air flow behaviour, such as the equivalent perimeter length of the cross-sectional area available for flow, or average flow path tortuosity. A practical application area of the work in the mining context is also described; equivalent continuum air flow and heat transfer constitutive models developed on the CFD tool from such functional relations are useful in characterization of seasonal heat storage in large scale bodies (approximately 1 km3) of broken rock.

Aug 1, 2013

By R. W. Schultz

Mineral exploration carried out in Ireland since the mid-1950s has resulted in the discovery of ore deposits that are now in production atTynagh (Pb-Zn-Cu-Ag), Silvermines (Zn-Pb) and nearby Ballynoe (barite), and Gortdrum (Cu-Ag-Hg); a major Zn-Pb deposit at Navan that is now being drilled prior to development; potentially productive deposits at Keel (Zn-Cd-Pb), Ballinalack (Zn-Pb) and Aherlow (Cu-Ag); and a number of interesting prospects, including one of spodumene. Underground exploration of a formerly extensively mined copper deposit at Allihies has outlined new, albeit currently uneconomic, reserves at depth. The copper and pyrite deposits at Avoca have in recent years been re-explored and are now again being worked. Most Irish ore deposits are in the lower half of the Lower Carboniferous succession of limestones and subordinate shales and sandstones, and this stratigraphic zone is being most intensively explored at present. Other geological units under active exploration are Ordovician sediments-volcanics belts, Caledonian granites, and parts of the Old Red Sandstone and Dalradian series. Surface prospecting is made difficult in many places by glacial and other superficial deposits, including peat and alluvium. Geochemical prospecting methods have been outstandingly successful and primarily responsible for most new discoveries. Boulder hunting and outcrop prospecting have proved effective in detailed investigations of geochemically anomalous areas. Some parts of the country have been covered by three separate airborne geophysical surveys, albeit without success so far. The induced polarisation technique, the most widely used ground geophysical method, has contributed to several discoveries. The scope of application of electromagnetic surveys is more restricted than that of induced polarisation, but the method has been effective in a few cases and has contributed to the Tynagh discovery. To date, the resistivity and self-potential methods have found little application. Magnetic surveys are not applicable directly in the search for ore deposits of the various known types, but can be helpful in outlining geological structures in some areas. The gravity method has been used successfully in a survey over the Zn—Pb deposit at Navan ; it has also proved effective in trials over a blind sulphide deposit at Tynagh that cannot be detected with geoelectrical methods. An appendix lists summary descriptions of 15 Irish deposits and occurrences

Dec 1, 1971

By Carroll C. Bailey, William F. Boericke

Mine financing, or providing adequate capital for developing and bringing a mining property into production, is an essential requirement for a successful operation. Today it presents a different picture than even twenty-five years ago. The day appears to be gone when a mining property could pay its own way from grass roots to production. The country has been quite thoroughly combed for surface showings from which sufficient initial profit could be immediately garnered to pay for further development and production facilities. The four M&apos;s for success in mining-mineral, market, management, and money-are still essential; but doubled or tripled wage costs and steep advances in cost of equipment and supplies throw increased emphasis on adequate capital funds for bringing in a prospect and making it a producer. Consequently, the old picturesque, although seldom rewarding, grub- staking procedure where a single venturesome citizen might advance funds to a prospector on a fifty-fifty basis for whatever discovery he might find, has largely disappeared. Its place, to some degree, has been taken by the small syndicate of venturesome members who band together for furnishing funds to a group of prospectors for the same general purposes. Such a syndicate has a definite organization and is usually assured of sufficient initial funds, or flow of funds, to carry on work for several years. It is headed by an engineer-promoter who has had considerable field experience as well as personal knowledge of his prospecting crews. For the owner of a potential mining property who has ample capital, the problem is to determine (1) justification for the necessary investment in exploration and development, and (2) the economics of the enterprise as to size and degree of integration of the final operating entity. If the owner of such a property has little or no capital, he also faces these same basic problems but, in addition, must be able to present the findings of fact and persuade the prospective investor that the enterprise will produce

Jan 1, 1959