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By R. D. Lawrence

"Comparable transaction analysis is the best known of the market approaches to valuation of exploration-stage mineral properties. The analysis of option and farm-in agreements can also provide useful guidance to valuators. While such approaches can be distorted by incomplete analysis, market-based methods are capable of providing consistent, credible results when carried out carefully with due consideration paid to all factors which buyers and sellers consider when dealing in the real market. IntroductionMineral properties without defined resources present one of the most challenging tasks to the mineral valuator. This paper will concentrate on market-based approaches to valuation of such properties. Other authors at MM2000 presented papers on cost and income approaches. Sorentino (2000) also provides a useful overview with some provacative commentary on methods.Market based-approaches are based on the principle of substitution and include such techniques as: comparable transaction analysis (sometimes referred to as sales comparison analysis); farm-in commitment (or option agreement) analysis; rules-of-thumb; and comparable market value analysis.Are there any valuation standards available to assist the valuator? In Canada there are none that apply to the valuation of mineral assets or securities. This problem is being addressed, at least in part, by the CIMVal Committee of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)1. Further, the recently established Canadian Association of Mineral Valuators will be giving consideration to the adoption of valuation standards."

Jan 1, 2002

By A. Viksne

A series of tests were conducted by the Bureau of Mines to determine the best means of reducing noise generated by the detonating cord that is utilized for trunklines in quarry blasting. Ten different types of detonating cord were tested and evaluated for their acoustic qualities. The results of the investigation showed that noise levels produced by "low-core-load-per-foot" detonating cord "not covered" were lower than those produced by "high-core-load-per-foot" detonating cord covered with 6 inches of unconsolidated material.

Jan 1, 1972

By M. Mirzazadeh

Air cooled crackable and conventional forged steel specimens were tested under reversed push-pull conditions to examine the effect of shot-peening on their high cycle fatigue behaviour (-106 cycles). The steels were tested in the normalized as well as shot-peened conditions. The results showed that shot-peening smooth specimens had little effect on the fatigue limit of the air cooled forged steels and the detrimental effect of the rougher peened surface was not apparent. Microhardness profiles indicated that the shot peening produced a gradient of compressive residual stresses that was greater than that of the loading stresses, suppressing the anticipated beneficial effect on fatigue life. Crack initiation was more likely to occur below the surface. The results indicate that the surface roughness was not a significant factor in controlling the fatigue lives, since they were essentially the same for the non shot-peened and shot-peened steels.

Jan 1, 2010

By Yuanbo Zhang, Yikang Tu, Zijian Su

Stainless steel swarf is a typical by-product produced from stainless steel processing, which contains a significant level of valuable metals, such as iron, chrome, and nickel. About 1 million tons of stainless steel swarf are generated in China annually, but as mixed with impurities such as Al and Si, stainless steel swarf is not suitable to be directly smelted into stainless steel through refining process. In this study, stainless steel swarf was applied as a strengthening agent during limonitic laterite sintering process. The effects of adding stainless steel swarf on green bed permeability, the yield and quality indexes of the sinters, and the microstructure of the sinters were evaluated systematically. The results showed that the concentrated distribution degree of granules and green bed permeability were improved after adding stainless steel swarf. As the additional amount of stainless steel swarf increased from 0 to 3%, the tumble index and yield of the sinters rose from 50.07 to 54.69% and from 62.04 to 67.35%, respectively. The addition of stainless steel swarf would not change the phase compositions, and had little adverse impact on the metallurgical properties of the limonitic laterite sinters.

Aug 23, 2023

By R. F. Mehl, W. Batz, C. Wells

Diffusion coefficient values for carbon in austenite covering a wide range of temperature and composition have been determined employing statistical methods. In addition, the relation between concentration and each of the following, D (diffusion coefficient), Q (activation heat of diffusion), and A (the constant in the diffusion equation), has been obtained. A study of the rates of diffusion of austenite was published in Metals Technology in 1940.' The present investigation is an extension of the earlier work, undertaken (1) to obtain values of the coefficient of diffusion, D, over a much wider range of carbon concentration, and (2) to provide data in all ranges of concentration and temperature in such abundance that statistical methods could be employed to evaluate the accuracy of the data with unusual precision. Composition of Materials: Composition of materials used in this research program are listed in table I. These materials, all forged to about 1 1/4 in. rounds, consist of a high-purity iron, Armco iron, a large number of laboratory-made plain carbon steels containing amounts of impurities normally expected in high-quality commercial steels, and three silicon steels. Since it was known at the time these steels were being made that impurities in the amounts present were unlikely to affect carbon diffusion rates' significantly, the effort made to obtain high-purity steels was not as persistent as it otherwise would have been. Procedure: In general, the procedure followed by Wells and Mehl and described' in detail in an earlier publication' is the one used by the present authors. However, certain modifications have been made which it is believed allow diffusion data to be interpreted more objectively and correctly. These are described completely under appropriate subheadings which follow. Experimental Procedure: Experimental procedure includes (1) the preparation of specimens by welding steels of different carbon contents, (2) the heating of these for certain times at selected temperatures in order to diffuse carbon along the specimens across the welded "interface," and (3) the determination of the carbon distribution across the diffusion zone. Preparation of Specimens: Prior to welding steel of one carbon content to iron or steel of another carbon content, surfaces to be welded are machined perpendicular to the longitudinal axis of cylinders which are about 3/4 in. in diam and 1 1/2 in. long. The prepared, flat, parallel surfaces are brought together and butt-welded electrically. Evidence of a good weld is given in fig. 1. Welding temperature

Jan 1, 1951

By D. Govender

In recent years, economies of scale have continued to drive copper projects to larger throughputs to offset depleting lower grade resources. A decade ago there were only a small number of projects that stretched beyond 100,000 Mtpd throughput rates. Nowadays and moving forward virtually all the major copper projects are sized beyond this, with throughput rates up to 250,000 Mtpd now under evaluation for a number of key projects in Chile and Peru. This paper explores the development from the 160 m3 flotation cells, through to the 257 m3 cells and nowadays to the 660 m3 machines. The contributions of specific copper concentrators to this growth phase are reviewed herein. The historical basis of flotation machine scale-up is also briefly discussed. Metallurgical results as well as layout, maintenance and operational aspects are highlighted.

Feb 27, 2013

By Hans-Henrik Wallin

The stresses in the heads and shell of a grinding mill are largely dependent on the bending moment produced by the trunnion bearing. By using spherical roller bearings in a special narrow housing a short moment arm is obtained and the bending moment is reduced. For large mills a hydrostatic shoe bearing which also gives a short arm, can be used. Spherical roller bearings also require less maintenance and have a long service life. As the bearings are grease lubricated an automatic lubricator is used instead of an oil lube system. Service data from two Swedish mining companys confirm the fact that the above arrangements provide a long service life.

Jan 1, 1979

By J. M. Mutmansky, S. Padmanabhan

"The subject of quartz occurrences in respirable coal mine dusts has been of increasing concern in recent years. The primary impetus for this concern has been provided by better measurement technology that has detected an increased number of mines with high quartz content in their respirable dusts. This paper presents the results of statistical analyses of quartz levels in multi-stage impactor samples from eighteen different coal mining sections located in Pennsylvania, West Virginia, Ohio, Illinois, Kentucky, Colorado and Ucah. The quartz and kaolinite determinations were then determined by combining impactor stage loadings to provide larger dust masses and applying the infrared spectrometry procedure outlined in Bureau of Mines/MSHA Method P7.The results will be presented using two categories of data collected during two separate phases of the research:(l) quartz concentration data from mines where quartz was known to be present in relatively high concentrations, and(2) quartz concentration data from mines chosen at random.The aspects of the occurrence of quartz in coal mine airborne dusts that will be reported include the size dependence of the quartz content, quartz variations with location in the mining section, and variations due to mining region. The results of the study show a strong pattern of size dependence of the quartz content in mines for which high quartz concentrations exist. A similar, though less pronounced, pattern exists in mines chosen at random. Quartz levels appear to have a varying relationship to section location and strong geographical patterns do not appear to exist in the data collected. Kaolinite content was found to be similar to that of quartz with patterns that are somewhat more consistent."

Jan 1, 1989

The National Institute for Occupational Safety and Health (NIOSH) conducted a study to determine the effectiveness of a filtered air delivery system to reduce respirable dust exposure to roof bolter operators in underground coal mines. When performing roof bolting operations, roof bolter operators may experience exposure to high levels of respirable dust during a working shift, especially when working downwind of the continuous mining machine. While drilling and installing roof bolts, this filtered air system supplies a clean curtain of air over the roof bolter operator by means of a plenum mounted beneath the canopy. This experimentally designed air curtain, adapted for roof bolting machines used in this study, is based upon previous design prototypes, computational fluid dynamics (CFD) simulations, and trial-and-error testing. Both prototype and final designs were tested in the full-scale mining galleries at the Office of Mine Safety and Health Research (OMSHR) in Pittsburgh before being taken underground for field testing. Test results of the system in both laboratory and field studies show reductions in operator exposure to respirable dust when the operator is positioned directly under the protected zone of the canopy.

Jan 1, 2012

By Errol D. Sehnke

This U.S. Bureau of Mines report provides detailed information on worldwide bauxite production capacity by mine and country, including bauxite substitute materials in countries of the former Soviet Union, The information was compiled from a variety of domestic and international sources and was based on information available to the Bureau through December 31, 1994. Capacity data represent announced installed and planned capacities and do not necessarily reflect a U.S. Bureau of Mines judgment of actual mine operating levels or timing of planned expansions. The year-end capacity is the ?in place? capacity or estimated production capacity, whichever is larger.

Jan 1, 1994

By Kilian Neubert, Hermann Wotruba, Henning Knapp

Sensor-based sorting has been integrated into more and more applications in mineral processing over the past decades. Various sensor types, such as line scan cameras, near infrared sensors and X-ray transmission sensors, allow the separation of a vast variety of raw materials. Sensor-based sorting has several economic benefits which can make the difference between an uneconomic operation and a profitable mine. Sensor-based sorters can be applied to fulfill various sorting tasks, such as waste rejection, product quality improvement and ore type diversion, and have a significant impact on the layout of the processing plant. Therefore, it is important to include sensor-based sorting into the planning of a processing plant at an early stage. To evaluate the applicability of sensor-based sorting for any specific ore type, it is currently necessary to provide several hundred kilograms of material for subsequent bulk tests. In exploration, ore samples are usually rare and only available in form of drill cores. The acquisition of drill cores is time-consuming and expensive especially for deposits in great depth. Hence, it is unfavorable to spoil valuable drill cores for bulk tests. This paper describes a methodology to evaluate the applicability of sensor-based sorting based on drill core analysis. That methodology offers the possibility to calculate the achievable performances of different sensor types for various grain sizes without comminution of drill cores. The general methodology is shown on basis of an exemplary test work on drill cores from a currently conducted exploration.

Jan 1, 2014

By W. T. Ober

the hammering effect acts only to a point 3 in. back from the cutting edge, and the hardening heat extends back only 1 in. from the cutting edge. Then, as a steel is taken from the fire, the grain condition is as shown in Fig. I. After the forging operation has been performed the condition shown by Fig. 2 exists. The heating operation to harden the cutting edge produces the effect shown in Fig. 3. The questions that naturally arise are: Will the cost of the extra heat treatment necessary to change this condition (annealing) be more than the saving that may be effected in the drill steel or will the extra heating be an economical as well as a wise thing to do? Is this condition necessarily detrimental to the maximum service of the drill steel? Can this annealing action be obtained in the hardening heat by heating more of the bit, say at least 5 in., to the hardening temperature but quenching only the end of the bit by a shallow immersion? Short Rock-drill Steels Reclaimed by Welding By W. T. Ober, Lynn, Mass. Experimental tests by the Thompson Company have shown that short lengths of rock-drill steels may be reclaimed by electric butt welding. The drills used in the experiments were hollow drills l1/4-in. in diametcr containing 0.95 per cent. to 1.05 per cent. carbon. The ends to be joined must first be ground off fairly square and the greater part of the rust, scale, etc. removed for 3 or 4 in. back in order to insure good electrical contact with the dies of the welder and countersunk, with an 80° countersink, approximately 1/4 in. The steels are then clamped in the copper dies of the welder, so that a length projects from the inside edge of each pair of dies equivalent to from one-half to three-quarters the diameter of the drill. The drills should also be brought into accurate alignment. The first step is to bring the ends into close proximity and then close the primary circuit of the transformer, slowly bringing the steels together until their ends lightly touch, when they will "flash," that is, minute

Jan 1, 1922

By W. T. Ober

the hammering effect acts only to a point 3 in. back from the cutting edge, and the hardening heat extends back only 1 in. from the cutting edge. Then, as a steel is taken from the fire, the grain condition is as shown in Fig. I. After the forging operation has been performed the condition shown by Fig. 2 exists. The heating operation to harden the cutting edge produces the effect shown in Fig. 3. The questions that naturally arise are: Will the cost of the extra heat treatment necessary to change this condition (annealing) be more than the saving that may be effected in the drill steel or will the extra heating be an economical as well as a wise thing to do? Is this condition necessarily detrimental to the maximum service of the drill steel? Can this annealing action be obtained in the hardening heat by heating more of the bit, say at least 5 in., to the hardening temperature but quenching only the end of the bit by a shallow immersion? Short Rock-drill Steels Reclaimed by Welding By W. T. Ober, Lynn, Mass. Experimental tests by the Thompson Company have shown that short lengths of rock-drill steels may be reclaimed by electric butt welding. The drills used in the experiments were hollow drills l1/4-in. in diametcr containing 0.95 per cent. to 1.05 per cent. carbon. The ends to be joined must first be ground off fairly square and the greater part of the rust, scale, etc. removed for 3 or 4 in. back in order to insure good electrical contact with the dies of the welder and countersunk, with an 80° countersink, approximately 1/4 in. The steels are then clamped in the copper dies of the welder, so that a length projects from the inside edge of each pair of dies equivalent to from one-half to three-quarters the diameter of the drill. The drills should also be brought into accurate alignment. The first step is to bring the ends into close proximity and then close the primary circuit of the transformer, slowly bringing the steels together until their ends lightly touch, when they will "flash," that is, minute

Jan 1, 1922

By Frank G. Snyder, Paul E. Gerdemann

The Southeast Missouri lead district, located about 70 miles south of St. Louis, embraces four important sub-districts and several minor ones. The important sub-districts, in order of discovery, are Mine La Motte, the Old Lead Belt, Indian Creek, and the Viburnum Lead Belt. Descriptions that follow are of geology and ore deposits of the Old Lead Belt. The ore deposits are stratiform in character and are localized in a narrow carbonate bar and algal reef environment on the flanks of exposed Precambrian of the St. Francois Mountains. Ore structures include a variety of primary depositional features such as pinchout zones, disconformities, ridge structures, reefs, and submarine gravity slides. Faulting, prior to and during ore deposition, "prepared" the host rock and strongly fractured areas are mineralized much more intensively and extensively than unfractured parts of the same sedimentary structures. The deposits are epigenetic in character. Mineralization is believed to have occurred at the time that post-lower Ordovician faulting took place. The mineralizing solutions are believed to be concentrated brines from adjacent basins that moved out of the basins during faulting, uplift, and erosion of the St. Francois positive area.

Jan 1, 1968

By B. W. Frazier

Jan 1, 1882

By John Snowberger III, J. Brent Hiskey

The electrochemical dissolution of super alloys containing different amounts of rhenium was investigated. The initial part of the investigation focused on the anodic dissolution of rhenium from second-generation (3% Re) and third-generation (6% Re) nickel based alloys. Exploratory electrochemical tests were conducted to evaluate solution chemistries and to establish fundamental dissolution behavior of the alloys. These included rotating disc electrode (RDE) cyclic voltammetry, linear sweep voltammetry, and chronoamperometry tests. Electrolytes comprising sulfuric acid, hydrochloric acid, and ammonium sulfate were examined. Of these, a 0.1 M HCl solution proved to be extremely effective for electrochemical dissolution of samples of CMSX-4, CMSX-10, and SC-180 alloys. This paper discusses in detail the electrochemical behavior of these alloys.

Jan 1, 2014

In this study, we develop a detailed model of the likely future carbon footprint of primary copper supply. We develop a peak copper production model, based on a detailed copper resource data set, and combine this with a comprehensive life cycle assessment model of copper mining and milling to predict greenhouse gas emission rates and intensities of Australian and global copper production up to 2100. By establishing a quantitative prediction of both copper production and corresponding greenhouse gas emissions of Australian and global copper industry, we then analysed the emissions intensity of various energy input scenarios, such as business-as-usual, solar thermal electricity and solar thermal electricity with biodiesel. The Australian Government has an aspirational goal for long-term greenhouse gas emissions of an 80% reduction from the 2000 level by 2050. For the copper sector, this means moving from about 12.6 Mt CO2e in 2000 to a goal of some 2.52 Mt CO2e in 2050 (assuming equal emissions reductions across the economy). Based on the energy sources modelled, only the solar thermal plus biodiesel scenario was capable of achieving this goal at about 0.15 Mt CO2e, since the solar thermal alone scenario still includes normal petro-diesel as a major source of emissions. Overall, it is clear that there are abundant resources which can meet expected long-term copper demands, the critical issue is more the carbon (and environmental) footprint of different copper supplies and use rather than how much is available for mining. It is clear that the switch to renewable energy can have a profound impact on the carbon intensity of copper supply, even allowing for increased energy intensity as ore grades decline, and a complete conversion to renewable energy will position the copper sector to meet existing annual greenhouse gas emissions targets and goals.

Aug 1, 2013

By G. K. Nimal Subasinghe

The performance of Knelson Concentrators (KC) used in gravity gold circuits often rely on manufacturers recommendations for selecting operating parameters such as, fluidising water flow rate and cycle time. These parameters are not only dependent on the machine parameters but also on the feed characteristics such as, size distribution of the gold and gangue particles and the composition of its constituent minerals. Particles entering a KC experience a centrifugal acceleration due to the high bowl rotational speeds. The required centripetal force to maintain a circular orbit is provided by the fluid drag force created by inwardly moving fluidising water and the Bagnold?s force arising from the particle/particle collisions. When the fluidising water flow rate is low particles move towards the outer rim of the bowl forming a packed bed within the grooves. On the other hand, if the fluidizing water flowrate is high the bed expands and some particles would move towards the centre of the bowl and gets carried to the tailings stream, thereby reducing the amount of material retained within the grooves of the bowl. Based on a force balance on a particle captured within the KC, a criterion which can be used to predict the amount of material recovered in the bowl has been derived and validated by experimental data. It has been shown that this criterion may be used to demarcate the transition of the bed from a packed-bed state to a fluidised state depending on the fluidizing water flowrate. By identifying the conditions for the optimal expansion of the bed comprising different constituent mineral particles, it is possible to estimate the optimal fluidising water flow rate that would maximise gold recovery while minimising gangue recovery. It was also observed that the accumulation of valuable mineral in the bowl takes place by the displacement of the gangue particles in the bed by the incoming heavy mineral particles. The kinetics of this segregation process was also studied using synthetic mineral mixtures. The experimental data suggests that this process follows first order kinetics and that the build up of heavy mineral reaches a maximum which could be used to identify the optimal cycle time. In this work, the suitability of the above model in optimizing the performance of a KC have been reviewed. Also the necessity and merits of testing an unaltered feed samples in a larger KC as op-posed to the commonly adopted GRG test has been discussed.

Jan 1, 2014

By I. Serepa, N. C. Steenkamp

Investigations were conducted to determine the condition and stability of the existing decline at amine in the Kalahari Manganese Field, Northern Cape Province, South Africa. During the inspection of the decline, voids were identified behind the concrete lining on the hangingwall and sidewalls over a total linear distance of 230 m. The voids did not provide confinement and, as a result, self-mining was occurring behind the lining. Water was flowing into the decline, over a total linear distance of 100 m, at areas where the decline intersected incompetent rock units, causing softening of the concrete lining and deterioration of the surrounding rock mass. Further damage to the concrete lining was caused by expansion and contraction of the wet red clay unit. Remedial work comprised void filling and water sealing to prevent further deterioration of the decline and ensure that it remained operable for the remainder of the life of mine. Void filling was accomplished by drilling rows of holes along the decline to access the voids and filling the voids with foam. This was followed by the sealing with polymer fluids. Telescopic pipes were also installed to allow water to drain off. A visual inspection was conducted and check-holes were drilled to assess the quality of the remedial work. The void filling material had penetrated cracks in the concrete lining, and areas where voids were intersected by check-holes were re-filled. Additional holes were drilled to re-seal areas that were still wet. The remedial work was completed successfully, as all voids were filled and stability achieved without compromising the concrete lining. The ingress of groundwater was also reduced to some residual dampness.

Mar 2, 2022

By R. Q. Honaker

Although the fundamental principles of hindered bed classifiers are relatively simple, the complex interactions between the operating parameters provide a degree of difficulty that hinders the ability for on-line plant optimization. Thus, a dynamic population balance model was developed for determining the hindered settling velocity of particles varying in density and size. The steady-state results of the model include partition curves as a function of particle size and density as well as metallurgical data. A statistical comparison of the simulation results with those obtained from industrial units reveal a high level of accuracy with adjusted R2 values greater than 0.95.

Jan 1, 1999