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By Onur Golbası, Berk Gokce

Investment decisions in the mining industry are complicated by sector-specific uncertainties. This study presents a multi-submodule system dynamics model to capture the dynamic complexities of decision-making across mineral property development stages. The model includes five interconnected subsystems: valuation, production, growth strategy, demand, and finance. Developed through system decomposition, expert input, and literature, the model is tested on a hypothetical copper mine with 850 ktpa capacity and 1% cu grade. Simulated over five years with quarterly steps, it estimates an enterprise value of $78.9 million and a target growth rate of 11.2%. Results highlight the significant effects of operating costs, capital policies, and inflation on free cash flow, and the critical role of mineral reserves in sustaining growth. This model supports strategic investment analysis across different minerals and development phases, offering mining investors a robust tool for optimizing decisions.

Feb 22, 2026

By Liangying Wen, Feng Xia, Chenguang Bai

"The situation of the Ti-V-Magnetite samples reduced with microwave has been investigated in laboratory. Firstly, the paper focuses on the heating behaviors of vanadium-titanium magnetite and characteristics of carbothermic reduction of V-Ti-magnetite in the microwave field. The effect of concentrate's size, quality on heating behaviors and reduction processes were researched. Results show that microwave heating may be a new heating resource replace of carbonic combustion reaction in reducing reaction. When the allocation of carbon is (16.7-30)%, carbothermic reduction of V-Ti-magnetite in the microwave field can proceed; with the increasing of carbon mixed, the metallization rate increases; and Fe, V can be reduced from their oxides in the microwave field; Titanic low oxide can be reduced from TiO2.1. IntroductionThe resource of Ti-V-Magnetite is abundant in the western area of Panzhihua in China, so far a mineral deposit of 4.64 billion tons have been proved up, it contains 14.75 million tons of V2O S which accounted for 87% of the vanadium and 5.93 hundred million tons of TiO2 accounted for 94% of the titanium resource respectively in China. The previous study proved that the major composition of mineral of the Ti-V-magnetite are Ti-magnetite, limonite, iron spinel, magnesium spinel etc, and the main elements of the Ti-V-magnetite in this area are Fe, Ti, V, Cr, Co, Ni, Ga, Sc etc[1] Due to the restrict of the BF-BOF process technical, during the smelting of the iron, the level of extracting the vanadium, titanium as well as other metal elements is limited. This results serious wasting of resources. To develop a new reduction process of Ti-V-magnetite is on the agenda, the microwave assistant reduction could meets this need, based on its characteristic of easy controlling of heating rate. To make use of the microwave energy to substitute the released heat sources of carbon combustion with air, use the solid phase state reduction at a relative lower temperature, make the beneficial element in Ti-V-magnetite transferred into the metal phase, then separated from the impurity. It is well worth to point out that once the microwave based reduction method has its industrial scale, it will take an outstanding position by its less release of carbon dioxide. This new environment-friendly process will play a vital role in the development of social industry and economy."

Jan 1, 2008

The panic bars (and associated linkages and electrical circuitry) that are defined in this document are a machine operator-actuated control for the emergency deenergization of the tram motors on self-propelled, electric and diesel face equipment; including haulage equipment such as shuttle cars. There are nine basic types of panic bars (and several variations) that are recommended in this document, but all of the panic bars arc characteristically of the 'fire door" type that is frequently encountered on outside exit doors of many public, and some commercial buildings. It is also the intent of the following panic bar designs that, when emergency brakes arc added to the face equipment machinery for which they arty required, that they be designed and hooked up so that actuation of the panic bar will result in automatic application of the emergency brakes (immediately following the deenergization of the tram motors). The following panic bar design requirements are a restatement of the proposed requirements defined in the Federal Register, requirements cited in "Guidelines for the Design and Installation of Devices for Deenergization of Self-Propelled Electric Face Equipment/Automatic Emergency Brakes" by C. E. Lester and J. D. Greenhalgh of MESA, and Bendix recommendations that were formulated as a result of discussions with personnel at the various machine manufacturers and underground coal mines that we surveyed, discussions with G. I. Judy (our consultant), etc:

Jan 1, 1974

By R A. Medower

This paper provides a glimpse into the future of minerals processing with emphasis on æAutomation InnovationsÆ for the new millennium, particularly those involving advanced process control and innovative new applications of process control technology in 2007.

Jan 1, 2000

By Alberto Hurtado

El presente texto refiere los aspectos fisiopatológicos y clínicas que comprende un ambiente de mayor altitud para el organismo, así como que las dificultades en la adquisición, transporte y utilización de oxígeno son comunes a muchas enfermedades y procesos patológicos.

May 1, 1975

By John S. Berber

Tar produced as a byproduct from low-temperature carbonization of coal contains only small amounts of valuable lower boiling tar acids but relatively high percentages of high-boiling tar acids. These high-boiling tar acids are characterized by a high degree of alkylation and can be converted into the lower boiling homologs by catalytic treatment to remove the alkyl groups or decrease their chain lengths.

Jan 1, 1965

By J. M. Demarthe

MINEMET RECHERCHE (IMETAL Group, formerly Le Nickel-Penarroya-Mokta) has studied on a laboratory scale and patented a new process to recover metal values -copper- from sulphide ores and concentrates. It combines a cupric leaching, solvent extraction and copper sulphate electrowinning according to the main following steps - A direct and selective leaching of copper sulphide ores or concentrates at atmospheric pressure with cupric chloride to form cuprous and ferrous chlorides and elemental sulphur. Pyrite remains in the sulphur residue. - The leach solution is separated into two parts -In the first one, air is injected to precipitate iron as goethite. The oxidation step can be easily realized at atmospheric pressure by maintaining an excess of cuprous and-ferrous chlorides in the liquor. Copper is extracted from the second part as cupric ion by an LIX reagent. Direct injection or air in the mixing chamber maintains good extraction conditions, so that only one mixer settler is required. - Iron, in the form of ferrous ion, is not coextracted. - Copper is stripped from the organic phase, transferred into a sulfuric phase and sent to sulphate electrowinning cells, which are now conventional in copper metallurgy. - Only electricity and air are required. After a feasibility study, the next step will be to develop it on a pilot and commercial scale.

Jan 1, 1976

By Ronald R. Hartman

I can recall a time 10 or 12 years ago when I spent a pleasant Sunday afternoon driving to Jim Thorpe, Pennsylvania to see a carnotite deposit that had recently been discovered. The announcement of the discovery stated that it was in the Pottsville conglomerate in a road cut along the highway. To my surprise, the highway was lined with cars and every weekend prospector for 100 miles had come to see the ?big uranium deposit of the east?. I literally had to stand in line to make a measurement with the scintillation counter I had with me. The thought at first occurred to me that this is evidence of how thoroughly the surface of the United States must have been prospected, more likely, perhaps it points out quite the opposite. A lot of time and energy was being spent in tracing the footsteps of others and a lot of time was spent looking for the obvious occurrences. The point is, that in the early days a tremendous amount of uranium exploration was carried out but few systematic surveys were made. Thorium anomalies were usually discounted after cursory surface field checks. Conversely, in airborne surveys - anomalies due to elevation changes or thin over- burden on hilltops were often investigated more thoroughly than smaller indications on hillsides and valleys. An adequate supply of uranium was nevertheless found due to the ingenuity and persistence of the geological profession and the public in general. This ?adequate? supply, like so many estimates for raw materials turned out to be far too low.

Jan 1, 1967

By A. B. Hooker, E. J. Coggeshall

"INTRODUCTION Ignitions of gas at the coal face when a blast is fired electrically are often a tributed to the explosive; but sometimes the ignition cannot be explained satisfactorily in this way-in fact, ignitions have occurred when the detonator has failed explode.The possibility of such electrically by sparks from the blast between poorly insulated leading wires and detonator leg have been recognized. Several countries have provided safe types of single-shot blasting units; some have permitted the use of larger multiple-shot blasting units provided each unit is equipped with a time-limiting switch that prevents unnecessarily long application of voltage on the leading wires after the shot has occurred, the assumption being that the firing line will this be dead before damage to the wires and subsequent sparking can take place. An extensive research was made by a French commission relative to the characteristics of electric detonators and methods of firing. Along other tailings they investigated the probability of ignitions by sparks across the leading wired at the face, also the time and duration of the various events in blasting, such as ignition of the detonators, movement of the coal face, and application of firing current. They suggested, as a means of eliminating or reducing tilt possibility of gas ignitions from the blasting unit, that the timing switch of the blasting unit be designed to disconnect the blasting"

Oct 1, 1934

By F. D. Weeks

The Salida smelting plant, owned by the Ohio & Colorado Smelting & Refining Co., is situated at an altitude of 7,000 ft., about 2 miles west of Salida, Colo., and 215 miles southwest of Denver. Salida is a division point on the Denver & Rio Grande R. R. where the narrow-gage line serving the San Juan region joins the through standard gage. This narrow-gage road also serves the coal and coke companies at Crested Butte and the lime quarries and mines at Monarch and Garfield, which are only 20 miles distant. These facts, together with the possibility of an appropriate site, doubtless influenced the builders to locate at this point. The smelting plant and yard occupy 80 acres of land on the northeast side of the Arkansas River. The slope of the ground is such as to permit of the ore being delivered by cars at a point 25 ft. above the feed floor; and in front of the furnaces there is a fall of 50 ft. for the slag dump. A recent purchase of river bottom has provided slag room for 20 years. As originally constructed, the plant consisted of four blast furnaces, 40 by 144 in. at tuyéres, two copper-matting furnaces, dust chamber, stack, power plant, blowers, sampling works, and one railroad trestle about 16 ft. from bed floor to rails. Later 12 hand roasters of excellent design were added and the practice of smelting leady matte in a copper-matting furnace was abandoned. Since the plant passed under the present management the equipment has been increased so that the following is a brief description of the same at this date: Two lead blast furnaces, 48 by 180 in. at tuyéres, 17 ft. 6 in. tuyéres to feed floor; four lead blast furnaces, 40 by 144 in. at tuyéres, 17 ft. 6 in. tuyéree to feed floor; two copper-matting furnaces, not used; blast-furnace flue, 900 ft.; area 245 sq. ft.; blast-furnace stack, 150 ft.; above furnace floor, 190 ft. When smelting a 500-ton charge per day, the gases approximate 63,700 cu. ft. per minute and travel at a speed of 260 ft. per minute. The slag is hauled by a 10-ton electric locomotive; the slag shells and settler refuse are elevated to a bin on the feed floor by an electric hoist. The matte is tapped in 1,600-lb. cakes and loaded into cars

Jan 1, 1916

By John S. Wakeman

The progress results of a pilot plant study on the effects of ball top size and other mill operating parameters are reported. Test series on taconite and quartzite crude ores using a 1.7m diameter primary mill in closed circuit with a vibrating screen indicate clear trends on the improvements of mill throughput and power consumption when using larger diameter balls. Possible effects on mill liner and ball consumption as well as future research plans are discussed.

Jan 1, 1984

By T. Mills, M. Evatz

Newmont’s Lone Tree Mine, located in northern Nevada, is an open pit gold operation supported by a standard truck and shovel mine production fleet (Caterpillar 785Bs and Hitachi EXs). Newmont continues to search for ways to decrease capital expenditure and lower operating cost, hence the implementation of the Ultra Light Body (ULW) concept. The fundamental idea associated with the ULWs is the increased payload potential. Economic justification comes from successful achievement of additional payload, within the truck’s rated GVW, without changing its loading and hauling characteristics. The increase in payload capacity allows equivalent tonnage movement using fewer trucks.

Jan 1, 2001

By C. J. R. Braithwaite, Giancarlo Rizzi

"Abstract-The Navan zinc-lead ore deposit (70 million tonnes) is hosted principally (97%) by the Meath Formation (Lower Carboniferous, Courceyan, Navan Group), comprising a lower, mainly carbonate mudstone unit, the Stackallan Member, and an upper grainstone-dominated unit. The Stackallan Member, about 60 m thick, comprises about 35 peritidal cycles including an oolitic grainstone interval. Grainstones forming the upper part of the formation, about 150 m thick, comprise at least six shallowing-upward ramp cycles. Emergence horizons are indicated by subaerial dissolution surfaces, in situ breccias, and a single palaeosol.Most dolomitization at Navan is confined to the Meath Formation. The linear dolomite body, trending NE-SW, has a flattened, laterally limited, tabular geometry in cross-section, suggesting that dolomitizing fluids initially rose vertically, cross-cutting stratigraphic and sedimentological boundaries, although fluid flow was subsequently controlled by these features. Three stages of dolomitization are indicated by textural relationships, cathodoluminescence (CL), oxygen isotopes, and fluid inclusion data. Stage 1 crystals, with generally dully luminescing cores and up to six overlying subsidiary zones, are the main replacive phase. Crystal surfaces are commonly corroded and overlain by bright stage 2 rhombs (which also form new nuclei lining molds and fractures). Three subsets of zones are present in stage 2 crystals: bright, non-luminescent, and dull; these are locally separated by additional corrosion surfaces. Stage 3 comprises relatively large baroque crystals, generally dully luminescent but with up to seven sub-zones. Isotopic and fluid inclusion data suggest growth of successive stages from waters which became progressively hotter (60°-160°C).The distribution of the ores follows the dolomite trend. Ores were precipitated between Stages 1 and 2 of dolomite growth, following Stage 2, and also during the nucleation and growth of Stage 3 crystals. Dolomitization and mineralization appear to have been temporally and genetically related. The cyclic sedimentation of the host rocks, which accentuates lithological and petrographical contrasts between depositional units, controlled dolomitization. The relationship between dolomitization and mineralization, which is closely associated with faults, provides powerful exploration criteria. The recognition of these features in limestones elsewhere in the Irish ore field may point toward unrecognized zinc-lead prospects."

Jan 1, 1997

By Stephen Mansfield

Analysing how accurately a blast design is implemented is one of the cornerstones of a successful operation, and critical for mine optimisation. This paper presents a concept that involves the collection and analysis of data for the five stages through which a blast transitions, from budget through to implementation.

Feb 1, 2020

By Amjad Asad, Boyd Davis, Kinnor Chattopadhyay, Rüdiger Schwarze, Christoph Kratzsch, Donghui Li, Lei GAO

Sodium (Na) and Lithium (Li) are produced using molten salt electrolysis. The electrochemistry of the electrolyte is well-researched; however, there are benefits to understanding the melt flow and implications on it for cell design modifications. The basic configuration of alkali metal cells is the Downs cell. This consists of a central anode surrounded by a cathode, and this geometry was the basis for this mathematical modeling study. The behavior of gas bubbles in molten electrolyte was studied in both Na and Li cells through the use of computational fluid dynamics (CFD) techniques. The distance between the anode and the cathode was varied in the CFD model to ascertain whether strong circulatory flows would change significantly in the cell. The standard k-ε turbulence model was used to mimic turbulent flow, and a two-way coupled Discrete Phase Model (DPM) was adopted to simulate flotation behavior of chlorine bubbles and liquid metal droplets. The liquid metal distribution on the free surface was predicted using the Volume of Fluid (VOF) multi-phase model.

Mar 1, 2017

By M. A. Girts

Wetlands can be constructed inexpensively on mined lands to treat small flows of acid mine water. Metals are removed from the water by the wetland vegetation and indigenous bacteria. Full-scale field tests initiated at over 20 mine sites during 1984 and 1985 indicate that water quality can be upgraded to meet discharge standards with relatively minor maintenance requirements. Iron concentrations of 25-85 mg/L in the influent water fall to less than 2 mg/L during flow through a small wetland. Manganese can also be removed, though somewhat less efficiently. At the discharge, pH is easily raised to 6 by flow over limestone.

Jan 1, 1986

By James J. Broderick

In the production of Pig Iron - Limestone, Coke and Iron Ore pellets are changed to the blast furnace and reacted at approximately 2,800 degrees F. The resultant products are molten iron and a molten slag - not unlike lava. The molten slag stream is channeled into open pits, cooled with water, crushed and sized for various industrial applications. The production of steel from pig iron in open hearth, B0P, BOF and electric furnaces results in somewhat similar slags: but since free lime is normally the flux, the resultant slags are not satisfactory for use in cement pastes. When exposed to water, the lime slakes, expands by 250% and ruptures the concrete. Thus, the slag discussed first is Blast Furnace Slag composed of 30 to 40% Silica (SiO2) Alumina (AL202) 7 to 16% Lime (CaO) 32 to 45% and Magnesia (MgO) 5 to 15%. The oxides do not exist as free oxides but rather as silicates and alumino silicates which are chemicall inert. Since transportation costs limit the area of use, blast furnace slag can only be found in concrete products produced within 60 to 100 miles of a blast furnace operation. Even within these areas where slag is in heavy supply, quite often the use of slag is minimal for concrete aggregate and the major outlet is road base.

Jan 1, 1985

By George K. Martin

This paper deals primarily with roof bolting in Kentucky coal mines from January 1, 1949, through December 31, 1954, a six year period. The Consolidation Coal Co? (Ky.), a division of the Pittsburgh Consolidation Coal Co., began systemmatic roof bolting in November 1948 in Mine #204, Elkhorn #3 Seam, at Jenkins, Kentucky, After the efficiency of roof bolting had been proven by the Consolidation Coal Co., this procedure was adopted by other companies throughout the state. In December 1954, approximately 46.4 percent of Kentucky's total production of coal from underground mines was obtained from roof-bolted areas. Statistics in this report will show the progress made in roof bolting during the six years, in addition to the roof bolting being done as of December 31, 1955. Significant progress has been made in the coal mines of Kentucky in reducing the roof-fall fatality, rates, during the past several years by adopting systemmatic roof bolting. The ground work by the Consolidation Coal Co, (Ky.) in cooperation with the Federal Bureau of Mines was based upon the previous experience of the St. Joseph Lead. Cc, in its Southeastern Missouri Mines and The Tennessee Coal and Iron Division of the United States Steel Corporation. The author gratefully acknowledges the cooperation and assistance given by officials of the various mining firms using roof bolts, the Kentucky Department of Mines and Minerals, and the Federal Bureau of Mines in furnishing photographs and information.

Jan 1, 1958

By Alvin Kaufman

Increased exploration in Alaska has resulted in many requests to the Bureau of Mines for facts about the mineral resources and mining conditions in the Territory. This report presents information about the minerals of Southeastern Alaska and the factors that affect development of a mining industry in that area. Southeastern Alaska is a narrow coastal strip of rugged mountains and many islands. The climate is mild, with an average annual temperature of 40° and heavy rainfall. Geologically, the region is favorable for deposition of ore; geographic-ally, it is difficult to prospect and to develop, except along areas immediately adjacent to the coastline.

Jan 1, 1958

By W. S. Hargratt

THE present era of exploitation of the Little Long Lac and Sturgeon River areas commenced in 1925, when Beardmore Gold Mines started development of what is now the property of Northern Empire Mines. A shaft was sunk in 1927-28 and a very limited amount of underground work was carried out, following which the property was shut down. It remained idle until 1932, when Empire Star Mines, a Delaware Company, optioned the property. This Company formed the Northern Empire Mines Company, Limited, to operate the mine, and immediately instigated an aggressive programme of surface and underground development. By the summer of 1933, sufficient ore was indicated to justify the installation of a small mill. The decision was also reached to bring in electric power. A power-line was built from Hydro, the Ontario Power Commission's development on the Nipigon river, to the mine, a distance of approximately 50 miles. This work was entirely financed by Northern Empire Mines. Mill construction was commenced in October, 1933, and completed by March, 1934, thus making this mine the first producer in this district.

Jan 1, 1940