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In constructing a financial model of a project significant effort is expended on capital and operating cost estimation, commodity price forecasts, and choice of discount rates while uncertainty in the primary input, the reserve, is often completely overlooked. The aim of this paper is to highlight the impact of uncertainty in the resource/reserve estimation process on the assessment of the financial performance of a project. Four qualitative processes have an impact on resource/reserve uncertainty. These stages are: 1.Ore definition 2.Geological interpretation 3.Resource estimation 4.Ore reserve estimation and mine planning. Each stage contains a number of tasks that may be considered as key performance activities (KPAs). Optimizing the manner in which these KPAs are completed can remove a great deal of uncertainty and error from the resource/reserve process. Examination of these KPAs within a company can also provide an insight to the quality of the information underlying the project. This will allow the company to identify any shortcomings in the data and to assess the resulting risks (Gilfillan, 1998). A hypothetical financial model based on a gold operation has been used to estimate the potential effect of resource/reserve uncertainty on revenue. Monte Carlo simulation has been employed to simulate a number of hypothetical scenarios: 1.a base case scenario which assumes no major errors or biases, but contains realistic margins for uncertainty that would exist in any project where work is being completed to the limit of best endeavours 2.a poor sampling scenario which assumes poor sampling practice and lack of understanding of sample preparation 3.a poor resource estimation scenario which assumes poor modelling and inappropriate choice of interpolation technique, and 4. a ?typical? scenario which represents a project where the majority of KPAs are not performed as best as they could be. The results show that realistic uncertainty ranges can generate changes in the estimate of potential revenue of plus or minus 30%.Therefore, it is important to allow for errors in these processes in any financial analysis or feasibility study. It is recommended that, when building a financial model, are view of relevant resource/reserve KPAs be carried out and appropriate ranges for uncertainty be applied to provide a range of potential outcomes. These outcomes can then be factored into the detailed cash flow analysis in order to ensure that technical uncertainty is built into financial decisions.

Jan 1, 1999

By Grant S. Diamond

THE BIBLIOGRAPHY on the use of static electricity in mineral beneficiation consists largely of patents. Some references are found in mineral textbooks, but very little data on flow-sheets of commercial installations are known to the writer. As a matter of fact there have been relatively few successful commercial applications of importance. Johnson prepared and published a Table showing the polarity and static field intensity requirements of many minerals. There have been reports of successful beneficiation of rutile, zir-con, coal, potassium chloride, and phosphate rock. Otherwise, the field of success has been very limited. This may be due to three reasons: first, the mining industry has been averse to dry processes, be-cause of dust nuisances in dry crushing; second, the electrostatic processes used in the past apparently developed no substantial economic advantages; and third, because flotation or other . methods have proven successful on many minerals, the industry has not felt the need for a radically different process. In the feldspar industry there was ?an attempt at electrostatic beneficiation about twenty years ago which was based on the use of fluoride fuming of the pegmatite head feed, in order to make the mineral reactive in a static field. This process was originally said to be successful, but was discontinued because of corrosion damage to machinery. Another effort by use of a chemical additive such as an or-ganic hydroxyl compound has also been attempted. Neither of these processes is known to be in use today.

Jan 1, 1957

By R Cunningham

The E26 Lift 1 North Project took 37 months from the approval on 1st January 2019 to the commencement of production on 1st March 2022. This was five months ahead of the feasibility plan. When compared to the previous E48 Block Cave construction 12 years prior, which was of a similar size and design with ten extraction drives, crusher and conveyors, the E26 Lift 1 North project has been delivered at 29 per cent less capital cost. Key metrics achieved by the project include 12.7 km of development, 240 km of production drilling for drawbells and undercut blasting, 107 drawbells fired ready for production as well as only three Lost Time Injuries compared to 16 during E48 construction. The Lift 1 North Project Team has established a significant point of difference with the delivery being completed by the ‘Owners Team Model’ not Lump Sum or Turn-key. E26 Lift 1 North is now supplying the Northparkes processing plant for the next eight years. This paper discusses major milestones achieved throughout the process, modifications to processes from previous block cave construction at Northparkes as well as novel approaches to work to achieve the successful delivery of the project.

Mar 29, 2023

By Ralph Johnson, Philippe Gaultier, Loui Fauteux, Andrew Dasys

"This paper outlines the implementation of the Mechanic's Stethoscope from the earliest stages of development to the implementation at Brunswick Mining and Smelting. It details the cooperative efforts of personnel at Noranda Technology Centre (NTC) and Brunswick Mining & Smelting (BMS) during the technology transfer of the Mechanic's Stethoscope. It demonstrates how everyone worked toward a goal of developing a product that is accepted as a useful addition to the work environment.The Mechanic's Stethoscope is an underground vehicle diagnostic system consisting of computer hardware and software intended to assist mechanics in daily tasks. Its tools facilitate quick and easy access to any information required during the maintenance of an underground vehicle. Each tool presents vehicle condition data in a simplified manner. The additional information improves the mechanics understanding of the vehicle condition. The result is a healthier fleet of vehicles and faster diagnosis times.When introducing a computer based system into a traditionally non-computer oriented environment a concern is the acceptance of the system. This concern exists on many levels."

Jan 1, 1995

By K. Tarr

Acid-producing mine tailings are present at many active and inactive mine sites and pose an environmental liability due to the potential for acid rock drainage. Acid rock drainage originating from a tailings pile, a waste rock pile, or exposed sulfide-rich rock, can cause discoloration and turbidity in receiving waters, and the loading of ions mobilized by the acid can cause a decrease in aquatic flora and fauna, and reduction in the quality of groundwater. The primary cause of acid generation is the oxidation of sulfide minerals, predominantly pyrite and pyrrhotite. Considerable mine tailings are being stored on surface in vast tailings impoundment areas across Canada. In the tailings within this study, from the Sudbury, Ontario area, the sulfide mineral of primary concern with respect to acid generation is pyrrhotite. Different tailings types show varying and progressive degrees of oxidation correlating to their specific sulfur contents. The degree of oxidation is determined by the relative extent to which the sulfides have reacted as well as the depth of oxidation within the tailings. Natural Resources Canada, CanmetMINING is dedicated to research supporting the Green Mining Initiative, a program reducing business risks by demonstrating practices that reduce environmental impacts. In cooperation with the Canada Mining Innovation Council (CMIC), applied research aims to reduce land disturbance, waste volumes, and releases to the environment. By reutilizing tailings from vast impoundment areas as a component in backfill, the potential environmental impact would be lessened considerably, due to the reduced tonnage stored on surface long-term. From an operating perspective, there is a need for supplemental feed for backfill from time to time. The reclamation of old tailings for use in backfill is also driven by the fact that old tailings ponds may not be structurally stable, and it may be more cost effective to remove the tailings than to upgrade the impoundment structure. However it is imperative that these old tailings be fully characterized to determine their suitability for use underground, in order to ensure the long-term integrity of the resulting backfill matrix. A study was conducted to investigate the feasibility of tailings reclamation from old impoundment areas as a significant component in backfill. The materials were first physically and chemically characterized, followed by preparation of samples to determine optimal mix proportions for strength development for both paste and hydraulic fill compliance. It was found that the amount of oxidized tailings included in the backfill material had a profound effect on both the segregation and settling properties of the backfill matrix, as well as the mechanical properties of the samples. The strategies for decision-making, based on the criteria for material characterization, mining plan, and cost effectiveness are discussed.

Aug 1, 2013

By W. J. Jenner

"Introduction The Saskatchewan Power Corporation is a provincial crown corporation which operates under a mandate to supply all customers within Saskatchewan with electricity and natural gas. The Saskatchewan Power Corporation operates two coal mines within the province of Saskatchewan. The Souris Valley Mine is located a few miles south of the city of Estevan and produces approximately 300 000 Mg of lignite per year. The lignite is shipped about four kilometres by truck and burned at the 882 MW Boundary Dam Power Station, also owned by the Saskatchewan Power Corporation. The Poplar River Mine is located just south-west of the town of Coronach, Saskatchewan which is some 190 kilo metres west of Estevan. This mine produces approximately 1 675 000 Mg of lignite per year. The lignite is shipped seven miles by rail to the Saskatchewan Power Corporation's Poplar River Power Station. The Poplar River Mine is the sole sup plier of fuel to the Poplar River Power Station, which generates some 300 MW of electrical power. A second 300 MW unit is due to be commissioned at the Poplar River Power Station in mid-1983 and the Poplar River Mine will have doubled its capacity to approximately 3 350 000 Mg per year by that time: Souris Valley Mine Geology The Souris Valley Mine extracts lignite from the Estevan seam of the Ravenscrag Formation. This formation is of Tertiary age and was deposited during the Paleocene Epoch. The Ravenscrag Formation outcrops throughout southern Saskatachewan and all coal mined in the province occurs in this formation. Ravenscrag sediments are deltaic in origin and are composed of a series of fine sands, silts, clay and lignite deposits."

Jan 1, 1985

By Ing. R. Geutskens

Zinc-bearing dust from blast furnace gas-scrubbing operation is a well known environmental health problem in the iron and steel industry. Hoogovens IJmuiden (The Netherlands) developed processes to solve this problem. 90% of the zinc is concentrated in 25% of the dust (the fine particle fraction) by means of slurry-hydrocyclonage. The resulting fine particle fraction is treated in a pressure leaching process. Hydrochloric waste pickle liquors have been used as a leaching liquor. By creating optimal leaching conditions more than 98% of the zinc is brought into an acid' solution, whereas nearly all the iron remains in the residue. The zinc can be separated selectively from the solution. The residue can be reused in the blast furnace (via the sintering plant). In the article information is given about the research work and -results of the pressure leaching process as well as the possibilities of the process for solving comparible problems.

Jan 1, 1990

By D. Perednis

Fuel cells with thin samaria-doped ceria (SDC) electrolyte films deposited onto an anode support using spray pyrolysis were fabricated. The SDC films were deposited onto porous NiO-YSZ substrates at deposition temperatures between 400°C and 450°C. The influence of process parameters such as deposition temperature, flow rate, type of salt and salt concentration on the quality of the film was studied. A smooth dense film was successfully deposited using the precursor cerium ammonium nitrate and samarium nitrate dissolved in butyl carbitol (33.3 vol.%), 2-methoxy-l-propanol (33.3 vol.%), and ethanol (33.3 vol.%) solvent mixture. A deposition rate of 125 nm/h was achieved.

Jan 1, 2005

By Arthur R. Still, Paul Gilmour

The ore deposit of the Iron King mine occurs in a group of steeply-dipping metamorphosed eugeosynclinal volcanic and sedimentary rocks of Precambrian age. Within this sequence, the ore deposit lies at the contact of a unit made up of rhyolitic tuff and interbedded andesite and a structurally underlying series consisting of andesitic tuffs, minor rhyolitic tuffs, and argillaceous sediments. Field evidence suggests that these rocks have been overturned. The ore deposit is made up of a series of overlapping, conformable or bodies consisting of massive pyrite and associated lenses of massive quartz. These contain recoverable amounts of gold, silver, lead, zinc, and copper. A parallel zone of copper mineralization occurs within the hanging-wall rocks. The deposit is considered to belong to a large and important group characterized by mineralogical composition and the lithology and structural type of the host rocks. Evidence regarding the origin of the deposit is reviewed, and it is concluded that the ore bodies were formed through the agency of volcanic hot springs on, or near, a submarine surface of deposition

Jan 1, 1968

By J. E. Conley

Available statistics show that the demands of the American chemical industry for sodium sulphate have been increasing slightly in recent years. The supply from domestic sources, particularly In the form of byproduct salt cake from the acid manufacturers, has been tending to decrease due to the growing manufacture of synthetic acid. Both hydrochloric and nitric acids are being synthesized from their elements. The natural result has been that a smaller amount of salt cake is available. Simultaneously, the expansion of the Kraft paper industry, especially in the South, has brought about greater demand for sodium sulphate in that section. This dean is being met by domestic byproduct salt cake, by imported German sodium sulphate made from potash waste liquors, and by favorable situated domestic deposits of Glauber salts and tile anhydrous salt, thenardite. No shortage of natural sodium sulphate exists in the United States, but usually such deposits occur in semiarid regions far removed from transportation facilities and from markets. Moreover, the major portion of the natural deposits is Glauber salt or mirabilite (Na2SO4 ? 10H20), which must be dried or dehydrated in order to meet consumer requirements. The water of hydration represents, roughly, 55 percent of tae total weight of the crude salts and therefore has a very important influence on transportation costs. In marry instances the cost of getting, even the dehydrated product to market is the deciding economic factor. Therefore, the recovery oil production of anhydrous sodium sulphate from plant-.waste liquors or from natural brines of suitable composition might be economically feasible. The U.S. Bureau of Mines, at its nonmetallic Minerals Experiment Station, New Brunswick, N. J., has, for a number of rears, been investigating the commercial possibilities of treating the complex saline mineral polyhalite (K2SO4?NgSO4?2CaSO4?2H20) for the recovery of potash and magnesia. Certain proposed processes (1, 2, 3, 4)4/ yield waste liquors that contain the bulk of the magnesium and sulphate originally combined as magnesium sulphate in the polyhalite molecule. Sodium chloride In limited concentrations is also present, as extensive beds of salt occur in strata overlying the polyhalite deposits. A typical waste liquor would contain:

Jan 1, 1936

By Bonifacio Digay

Stawell Gold Mines (SGM) is an underground mining operation located in Victoria, Australia.The mining method employed is long hole retreat stoping, utilising up and downholes and artificial concrete pillars. Stawell is currently mining the Golden Gift and Magdala orebodies.

Jan 1, 2012

Scientific and technical research is becoming an expensive business, and needs to be managed as well as directed. Regardless of whether it operates under public or private auspices, a research-and development organization should not tolerate inefficiency or irrelevance. Its true worth is ultimately decided by the impact it makes on its environment. Doing the right things is preferable to merely doing things in the right way. Clear definition and the setting of goals form the crux of the Management by Objectives (MBO) system. This system provides the research establishment with a profound sense of purpose and direction, which is essential for effective planning and control. Performance standards, in association with costs and manpower, value assessment, feedback, and improvement, tend to follow naturally once the principle of a results-oriented management system is adopted. MBO is a participative management system, leading to decentralization and self-control of the individual rather than imposed control. If wisely implemented with the necessary respect for creative work, it can enhance the job satisfaction of the research worker as well as the overall productivity ofthe research establishment.

Jan 1, 1982

By Charles Graham

It is the general belief that the coal deposits on Vancouver Island are extremely large, and easily available. Indeed, they are frequently described by prominent public men and by writers in the press as "illimitable" and "inexhaustible." It is well that the facts that have been established as a result of seventy years of surface prospecting, underground operations and extensive diamond-drilling in this coalfield should be disclosed. HISTORY The presence of coal on the coast of British Columbia was first made known by Dr. W. F. Tolmie in 183 5. This coal was brought to him by Indians from the north-east coast of Vancouver Island, probably from Suquash. In 1850 the existence of coal at Nanaimo was announced by Mr. ]. W. MacKay. Development was started in 1852, and coal was shipped before the close of 185 3. The first operations were carried on by the Hudson's Bay Company, who operated the mines until 1861, when they sold them to the Vancouver Coal Mining and Land Company. Practically all of the operations in the immediate vicinity of Nanaimo have been carried on by this Company and its successors. In 1869, Mr. Robert Dunsmuir discovered coal about five miles north-west of Nanaimo, at Wellington. The Welling-ton Colliery Company was organized, and began to produce coal from the Wellington mines in 1871, the coal being shipped from Departure bay. This colliery was a large producer for several years, but was finally closed in 1900.

Jan 1, 1924

By Rafael Humberto Mota de Siqueira

O objetivo da presente contribuição é discutir o aparecimento das trincas a quente em três ligas de alumínio, AA2024, AA6063 e AA6013, soldadas a laser. Para tanto um laser do tipo Yb:fibra foi usado em condições de aportes térmicos diferentes. Os resultados indicam uma tendência ao trincamento em várias condições experimentais. No entanto, para os parâmetros de processo utilizados e para as ligas estudadas, observa-se que quando a liga possui entre 0,6% e 1% de silício a sensibilidade ao trincamento diminui.

Oct 30, 2017

By A. Noble

"A supply of sustainably sourced rare earth elements (REEs) is critical for several high-tech industries, renewable energy technologies, and defense applications. Recent studies have shown that REEs exist in coal and coal combustion byproducts at elevated concentrations and in quantities that could meet domestic demand. Despite these promising findings, declines in rare earth prices, volatile commodity markets, and challenging geo-metallurgical conditions have jeopardized this potentially valuable REE resource. While the dilute REE concentrations inherently necessitate low-cost separation technologies, the ultimately operating cost threshold for economic extraction must be based on commodity price projections and market demand. In this paper, the micro-pricing principle is used to develop a rigorous economic model assessing the inherent value of REEs in coal materials. This model is based upon basket pricing of individual elemental oxides, and elemental distributions of coal samples from various basins. These results may be used to assess the economic viability of potential REE concentration and refining technologies INTRODUCTION Recent efforts by US Department of Energy (DOE) and the National Energy Technology Laboratory (NETL) have suggested that rare earth elements (REEs) may exist in coal and coal byproducts at concentrations suitable for economic extraction and processing. While the knowledge of REE occurrence in coal material dates back over 50 years, recent supply restrictions and material criticality considerations have prompted a national interest to establish a sustainable domestic supply of REEs. REEs are not “rare” in the sense of crustal abundance; however, few natural processes lead to concentrated ore deposits. As a result, the elevated concentrations found in coal material may provide a potentially promising resource for these materials. While the term “rare earths” is often used to describe a singular concept, the 15 rare earth elements actually have varying and sometimes contrasting scarcity and cost profiles. Various authors have proposed classification systems to provide information on REE criticality (e.g. Seredin and Dai, 2012, Zhang et al., 2015). The most straightforward classification is provided on the basis of geochemistry with designations for “light”, “medium” and “heavy” rare earths. Light rare earths (those to the left of the periodic table: Ce, Pr, Nd, and Sm) tend to be more common and less valuable when compared to their medium (Eu, Gd, Tb, Dy, and Y) and heavy (Ho, Er, Tm, Yb, and Lu) counterparts. While light rare earths are often found in traditional ore deposits at economic concentrations, the heavier rare earths are almost exclusively found as ion-absorbed clays (Seredin and Dai, 2012)."

Jan 1, 2016

By C. Doyle, D. M. Hoffman, C. Díaz, J. Hrepic, W. J. Koshut, R. H. Hanewald

"Recently, lining life of the INMETCO submerged arc furnace has been dramatically extended from an average of eleven months in the 1980s to a current record of 34 months. This paper summarizes test work and operating results describing the development and establishment of slag parameters that reduce corrosion of the magnesite-chrome refractory lining.The desired slag parameters are now maintained by utilizing waste streams as slag additives. This paper also discusses the successful evaluation of a rebonded-fused-grain magnesite- chrome refractory as a lower cost, more thermo-mechanically forgiving alternative to a fused-cast magnesite-chrome refractory that had been the refractory of choice in previous years at INMETCO.IntroductionSince 1978, INMETCO, a wholly owned subsidiary of INCO Limited, has been well known for recycling by-products from the production of stainless steel, namely, EAF bag- house dust, mill scale and grinding swarf. INMETCO operates the only smelter in North America dedicated to the recovery of nickel, chromium, and iron from hazardous and nonhazardous waste. The process was developed in the research laboratories of INCO. In recent years, the process has been successfully modified to accept a wider variety of other specialty steel waste streams including: spent pickling solutions, pickling and waste water treatment filter cakes, acid scale, carbon brick, spent bag-house bags, torch cutter dust, spent dolomitic and chromium-bearing refractories, and rechargeable nickel-cadmium batteries."

Jan 1, 1997

By Peter K. Everett

One of the major driving forces behind the development of the Intec Copper Process has been the increasingly stringent regulations governing SO2 emissions and, in some parts of the world, a declining H2SO4 market. Other incentives include operating cost (9.2 US c/lb Cu), capital cost (US $1400/annual tonne Cu compared with smelter cost of US$3-4000/annual tonne Cu) and the ability to treat low grade and contaminated concentrates. With such advantageous features, widespread use of the process is expected over time, leading to the production of large amounts of residues containing around 25% elemental sulfur, together with approximately 50-60 % akaganeite (FeOOH) and the ganggue minerals originally present in the concentrate feed. This paper briefly describes the Intec process chemistry involved in the formation of elemental sulfur, thereby avoiding atmospheric sulfur dioxide pollution, and the investigations to be carried out either to extract it or to turn the residue into a valuable by-product while minimising any adverse environmental effects, The process is being developed jointly by a group of fifteen major international mining companies.

Jan 1, 1996

By Vernon K. Garrett, Gerhard Sauer

INTRODUCTION Generations of tunneling engineers had to fight not only against bursting rock and squeezing ground but also against the destroying power of water. Intrusion of groundwater into the tunnel opening affects the stability of the tunnel support system, reduces the safety of the traffic inside the tunnel, induces corrosion of installed equipment, and provides for creeping currents at electric facilities. Aware of these problems, engineers of the Washington Metropolitan Area Transit Authority and their consultants opened the way for a new approach in sealing a tunnel. It was made possible by accepting a new method of tunnel construction scarcely applied in the U.S. before. This new technique, the New Austrian Tunneling Method (NATM), provided the basis for the successful installation of a PVC-membrane between two separated shells of tunnel lining, and the carefully directed drainage of groundwater. Beside of the economic benefits already attained by applying the NATM for tunnel construction, the Authority now saves millions of dollars otherwise necessary to maintain the tunnel during its lifetime (Garrett, 1986; Setzer, 1986). But there is a large number of leaking tunnels built according to conventional methods, some of them facing severe problems jeopardizing the safe utilization of these structures. Recently developed methods indicate that even those tunnels can be rehabilitated without extensive costs by draining and sealing them afterwards. A road tunnel in the Austrian Alps provides the scene for a major attempt to convert one of those leaking tunnels into a dry structure.

Jan 1, 1987

By NORMAN D. FitzGkrald

IN 1942 the outstanding characteristic of the petroleum industry was the multiplicity of war-induced distortions in virtually every segment of the business. So devastating was the success of the Nazi submarine campaign along the shores of the western Atlantic and on transoceanic routes that within six months after our entry into the war petroleum rationing was necessary in the East Coast area. The conquest of the Netherlands Indies by the Japanese three months after the opening of the war in the Pacific cut off our normal sources of rubber, and in our first year of war nationwide rationing of gasoline had to be invoked to conserve rubber-borne transportation facilities. Meanwhile the oil industry faced the imperative necessity for rapid expansion in the output of aviation gasoline and later accepted the vast responsibility for developing a new industry. synthetic rubber manufacture. Probably no other essentially peacetime industry has been forced to make so many complicated adjustments, yet its response to its wartime obligations has been nothing short of dramatic.

Jan 1, 1943

By J. West

For many years line-of-sight (LOS) issues for underground mobile equipment is a growing focus of research. This research is a result of the numerous fatalities and injuries which occur in the mining industry and which are related to poor operator LOS. Three assessment methods are currently used to assess operator LOS of underground mobile equipment. The light filament (LF) method is a hands-on assessment method that is performed in the field. This method is not evaluated in this paper. The laser scan (LS) method of assessing equipment is a quick and reliable method that comes from the need to evaluate vehicles already located in the field. The computer simulation (CS) method can assess LOS issues using a computer aided drawing (CAD) model, which is useful for assessing current or prototype models. The purpose of the current research is to compare and validate different operator LOS assessment methods. Comparison of the results of the LS and CS visibility plots yielded similar quantifiable results. A visual comparison of the results further illustrate that the LS and CS methods are acceptable assessment tools for mobile equipment operator LOS evaluation. The visibility assessment methods are now being prepared as guidelines for the mining industry to assess current and potential designs.

Jan 1, 2007