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By G Lumley

Gold miners have been underperforming the price of gold for a number of years. So why has the æmarketÆ undervalued our gold miners relative to what they have been mining? The low valuation ascribed to gold mining companies is largely attributable to their profit performance. In the period since 2006 the price of gold in A$ has risen about $900/oz, but the real cash margin (operating cash costs + cost of finding and/or acquiring deposits + the cost of bringing them into production) has only risen about A$100. Rising operating costs are a major part of this reduction in real margin. Energy and labour costs have risen more than the inflation rates across a number of countries as have taxes, royalties, etc. There are however, more significant contributors to the rising cost base. Firstly, in 2006 the average gold grade was 2.0 g/t; today it is 1.3 g/t. Secondly, strip ratios (for surface mines) have increased by 19 per cent during this time. Open cut mining equipment unit output across the world has dropped by 26 per cent during 2006 - 2012. Finally, costs have risen by 55 per cent during this time period. Consequently, there is now 3.8 times more mining cost required to produce an ounce of gold from surface mines compared with 2006. The decline in gold grade looks to be a permanent trend as does increasing strip ratio if output is to be maintained. Costs will continue to rise although cost control will be necessary. Reversing the decline in equipment performance and closing the gap between median and best practice provides the hope for a sustainable reversal of cost increases. The current gap between best practice and median performance has grown to 112 per cent for mining trucks, 168 per cent for excavators and 169 per cent for front end loaders. Closing this gap is the potential for a more profitable future. For most gold mining companies improving mining efficiency is not an option; it is an imperative.CITATION:Lumley, G, 2013. How many gold mines will inefficiency kill?, in Proceedings World Gold 2013 , pp 267-276 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By Arthur Grounds

Historical In the course of a paper which is necessarily limited in length, such as the present one, it is obviously impossible to describe in detail the history, development, and present position of coal preparation in Western Europe. Great Britain has been blessed with large deposits of excellent coal of nearly every type, ranging from the high-grade anthracites of South Wales, which are characterised by their very low ash and volatile con-tents, to the superb coking coals of South Wales and Durham -probably the finest in the world -with their low ash and sulphur contents, the latter constituent often well be-low l per cent. Gas coals abound in Lancashire and Yorkshire, while coals from the East Midlands, Northumberland, and Scotland are excellent for steam-raising and other industrial purposes. The excellent quality of these various coals has, in years gone by, ensured ready .sales abroad and it is not surprising, therefore; that methods of coal preparation were largely developed on the Continent in an endeavour to upgrade the inferior fuels found there, so that the prepared product could compete with British coals on the European market.

Jan 1, 1951

By John D. Rockaway

Failure of the mine floor supporting coal pillars frequently occurs when the subcoal strata include "underclays" or other low strength strata. The failure process has been studied to define the response of these materials to applied coal pillar loads and to determine the applicability of bearing capacity analysis to evaluate unsafe conditions. The study has been accomplished through an investigation of both the intact and insitu geotechnical properties of the subcoal strata and through the installation of floor movement monitoring instrumentation. The results of these studies have indicated that both the shear strength of the underclay and the stratigraphy of the subcoal strata must be considered in the analysis. The shear strength was the major controlling factor determining the ultimate load carrying ability of the materials, but the thickness and stratigraphic position of the weak layers influenced the mechanism of the failure process. The methods of bearing capacity analysis were used to define pillar stability that included provisions for taking into consideration a two-layer system. Conditions assumed for a coal mine where a weak underclay overlies firmer strata. The results of the analysis compared very well with observed mine conditions, indicating marginal conditions in areas of the mine which later experienced pillar support failure. In addition, a "heave factor" was derived to predict potentially unstable floor conditions in the mines studied in detail.

Jan 1, 1979

By Scott A. Walker, Gabriel J. Alcantar, Brian Zuckerman, Ramin Golesorkhi

"The stadium development consists of construction of a 68,500-seat, open-air NFL football stadium for the San Francisco 49ers. The main structure will consist of a 7-story above grade steel structure supported by over 3,000 piles. Berkel and Company Contractors, Inc. (Berkel) was selected as the design-build pile contractor who used their auger pressure grouted displacement (APGD) piles for this project. During an indicator pile installation and pile load test program, fifteen piles were tested to develop installation criteria to support demands of 150kips tension and 180 kips compression. Following the indicator pile program Berkel installed 3088 piles in 30 working days. Throughout pile installation data were collected with an automated data acquisition system (DAS). During pile installation field engineers from Treadwell & Rollo observed the pile installation as well as the real-time data from the DAS. Strategic staging and pre-production planning by Berkel along with consistent collaboration with the design team created an atmosphere for a successful and on schedule project completion.IntroductionThe new San Francisco 49ers Stadium in Santa Clara, California will be a 68,500-seat facility, a rendering of which is shown in Figure 1. The main structure will consist of a 7-story above grade steel structure supported by more than 3,000 piles. The north, east and south portions of the stadium are designed as an open seating bowl, while the western portion includes open seating at the lower levels and seven-story tower which houses over 150 suites.The stadium project includes the stadium structure, as well as elevated open pedestrian walkways, commercial community space, and three new pedestrian bridges spanning a nearby by creek. Sustainable designs and innovations such as a green roof, photovoltaic panels, a ground source geothermal system, stadium-wide Wi-Fi capability, and access to public transit are provided throughout the project. The stadium is designed as an open, light, and airy structure and is surrounded by an existing amusement park, office buildings, the Santa Clara Convention Center, and the training facility of the 49ers."

Jan 1, 2015

By Mark Ward

The Rincon del Tigre (RdT) complex is one of South America’s largest and best-developed mafic-ultramafic layered intrusions. It is set in the SE Bolivian lowlands, about 50 km from the Brazilian border.The BGS (British Geological Survey) and GEOBOL (Servicio Geologico de Bolivia) carried out an initial investigation of the RdT complex from 1976 to 1986. In this sense, the paper point out the geology background of The Rincon del Tigre, economical potential, typical ore secuence in laterite nickle deposit and pega pega erosional surface (Oligocene).

Apr 24, 2001

By Guy E. Dent, Hugo E. Kuehn

"SUMMARYFor making a comparison of magnetic surveys measured from the ground and from the air, Worcester County, Maryland, was chosen as a proving ground. Vertical magnetic intensities were observed on the ground, and total magnetic intensities were observed from the air. A comparison of the two magnetic maps reveals similar large magnetic features, but these are displaced in some instances by distances greater than a mile. Magnetic terrane in the two charts is of the same type but often differs greatly in respective characteristic features.The sacrifices in accuracy that may be expected from the use of different systems of diurnal magnetic corrections on ground observations constitute a part of this report.INTRODUCTIONThe value of magnetic surveys for gaining information concerning the crystalline basement is recognized increasingly. That this topography is often reflected to a major degree in the overlying sediments with certain offsetting is well understood. Even where such sediments are deep, the surface topography of upper formations often reflects this bedrock topography to a certain degree."

May 1, 1947

By Valentin R. Garfias, C. O. Isakson

The production of oil in Mexico during 1929 was approximately 45,000,000 bbl., or 5,000,000 bbl. less than in 1928. The production of the fields near Tampico showed a decline of over 10,000,000 bbl. for both the light and heavy crudes, which was partly offset by an increase of over 5,000,000 bbl. in the production of the fields in the Isthmus of Tehuantepec. During 1929 the retrenchment policy followed by practically all the companies was continued and no material improvement should be expected until the unsatisfactory conditions that brought about this situation are remedied. A new administration has just assumed control in Mexico; it should remain in power for 6 years, and the progress of the oil industry during that time will depend primarily on the policy pursued by the new government with respect to oil development. Development During 1929, there were drilled 214 wells as compared with 371 in 1928 and 583 in 1927. The percentage of producers in 1929 was 47.2 as against 34 per cent. in 1928. The new wells did not show water as quickly as in 1928, particularly in the Cacalilao field, where the greatest number of producers was brought in, their average initial daily production being 380 bbl. The flush daily production per well in the Southern fields was 1730 bbl., while the wells in the Isthmus of Tehuantepec came in with an average of 770 bbl. Development is summarized in Table 1. In the Southern fields 63 wells were drilled in 1929, of which 23 were producers, the best being drilled in Paso Real. This development tends to show that the southern extension of Dos Bocas-Alamo fault from Alamo to San Isidro terminates at San Isidro. The two wildcat wells completed in 1929, one in Magiscatzin and the other in Xicotencatl, were failures, and at the end of the year there were eight wildcat wells drilling and material was being hauled for two more.

Jan 1, 1930

By Michael G. Nelson, Amy Richins, Ashley Hodgson, W. Pratt Rogers

"Sociotechnical systems are everywhere in the modern industrial world. Sociotechnical systems describe how humans interact with technology throughout a variety of processes. These systems are prevalent in modern industrial settings, such as operating mines. Safety and health management systems (SHMSs) are complex sociotechnical structures designed with the aim of managing and reducing occupational risk. U.S. mining companies are voluntarily adopting SHMSs to supplement regulatory safety compliance efforts. Like all complex sociotechnical systems there are a wide variety of approaches and adoption philosophies around a SHMS. Many SHMSs suffer from high levels of redundancies, which manifest themselves in diverse ways: duplicate processes, forms, permits, and tracking mechanisms. These redundancies have severe impacts on the overall system and absorb critical culture and leadership “energy”. A recent study initiated by the University of Utah and sponsored by the Alpha Foundation is investigating the effectiveness of SHMSs across 15 different U.S. mining sites. A large amount of data has been captured to help characterize elements of SHMSs and correlate their impacts on safety outcomes. Many variables were assessed in the study. Those of importance to this paper are the variables describing the robustness of the sociotechnical aspects of the SHMS. Two such variables are the overall integration of the SHMS within the whole system and how data is managed. Data management in this context deals with the approach to capturing, analyzing, and acting on data within the system. As well, systems are integrated around controlled, data-sharing mechanisms. It has been found that wide variety of approaches has been taken to integrate the SHMS within the governing management philosophy at a given site. A series of case studies is presented that develop some specific best practices for proper data management and integration of SHMSs.Introduction and Project Background Managing occupational health and safety can be done in many different ways, and with many different approaches, but is often based on the host country’s regulatory and industrial culture. However, many companies have extended their effort beyond the regulatory requirements of their host nation and have implemented Safety and Health Management Systems. The goal of these efforts is to reduce and eliminate occupational risk. Many health and safety practitioners have a hard time justifying various elements of health and safety management. There is a lack of institutional knowledge that measures and assesses the effectiveness of these Safety and Health Management System (SHMS) elements. To better understand the effectiveness of SHMSs the Alpha Foundation has funded a research project with the University of Utah. The title of the project is “Characterization and Effectiveness of Safety and Health Management Systems in the U.S. Mining Industry.” The research team will assess the SHMSs of 15 United States mine sites. The outcome of the project will be a method to characterize the strength of the SHMS elements, assess a culture and leadership index, and finally establish correlations between elemental risk and safety outcomes. The study is currently in progress. However, many important outcomes have already been observed, particularly on the data management practices within an SHMS."

Jan 1, 2017

By M. G. Fleming, F. Warner, R. W. Boswell, M. J. Cahalan

The annual dinner of the Institution was held at the Savoy Hotel, London W.C.2, on 22 April, 1971. The President, Mr. M. J. Cahalan, was in the Chair; members and guests numbered 320. The toasts of The Queen and Queen Elizabeth The Queen Mother, Prince Philip The Duke of Edinburgh, The Prince of Wales, and the other Members of the Royal Family were proposed and loyally honoured. R.W. Boswell proposed the toast of the Institution of Mining and Metallurgy, the president responded, Professor M.G. Fleming proposed the toast of the guests and Sir Frederick Warner replied

Dec 1, 1971

By H. M. Thorne

The Union of South Africa has been interested in oil shale for a long time, and deposits of oil shales, torbanites, and similar rocks have been found in many parts of the country. (Fig. 1.) Samples differ markedly in oil yield and in the characteristics of the oil. The strata vary in thickness, and most of the deposits that have been found are in unfavorable locations because of remoteness from markets or absence of transportation facilities. This report deals mainly with the torbanite deposit near Ermelo, Transvaal, in the Union of South Africa, and the operations of the South African Torbanite Mining and Refining Co., Ltd. (hereafter referred to as Satmar), in mining the torbanite, retorting it, and refining the crude oil.

Jan 1, 1954

By Rajesh K. Mishra

The person in charge of Environmental Affairs in a small business has many higher priority projects (such as making money to meet the employee? payroll etc.) than filling out and filing the regulatory forms. It is but. natural to think that these affairs can be managed? by playing ignorant until audited by the regulatory -state and federal agencies. Truth is to. the contrary; generally, it is too late by then. The fines and legal costs even for failing to file the regulatory forms could deliver a serious blow to the financial well-being of a small business. Forms and reports under SARA Title III are not hard to complete., but they are time consuming. In this paper we will discuss the information and data compilation procedures, simplification of some legal terminology into simple technical language, and tips that help in filling out the forms?. Some actual case 'histories of EPA fines will also be reviewed.

Jan 1, 1992

By D. D. Downing

This paper is a review of material selection considerations concerning protective coatings in the mining industry. The discussion will cover both capital-dollar projects and maintenance requirements. Emphasis will be on industrial finishes for structural steel and process equipment subjected to aggressive atmospheres. The presentation will cover the total needs of a job, emphasizing not only the owner's requirement for a cost-effective system during plant operations, but also taking into consideration the short-term requirements of general contractors, steel fabricators, erection firms and paint contractors.

Jan 1, 1979

By R. S. Dean

The work of the metallurgical fundamentals section during the past year, representing active experimental investigation or thermodynamic study, may be summarized as the following problem subjects: 1. Low-temperature specific-heat investigations. 2. Development of a method of concentrating gases. 3. Thermodynamic properties of metallic carbides and nitrides, 4. Production of pure chromium from chromium chlorides. 5. Thermodynamic properties of the hydrates of calcium, sulphate. While this list is not identical, with officially designated problems, due to overlapping of subjects and to new developments within specified problems, presentation upon the basis of this subdivision will best serve to review the work of the section.

Jan 1, 1937

Several years ago, North American mining companies began to realize they needed to expand their spheres to remain viable. This strategy has been successful, according to Robert W. Schafer. Today, companies from other continents have also recognized the need for an international view for long-term growth and viability, he said. Schafer is vice president for exploration with Kinross Gold. He was the program chairman and moderator of the keynote session at the 1997 SME annual meeting, held in Denver, CO, Feb. 23-27. The theme of the meeting was "Minerals - Serving the Global Community." A record attendance of more than 6,000 people participated in the meeting, which featured 415 exhibitors occupying 582 booths. The title of the keynote session was "Corporate Perspectives on a Global Minerals Industry." Each of the three keynote speakers discussed a different perspective of a global minerals industry.

Jan 1, 1997

By S Hanke, J Burden, P Spies

The Waterview Connection will complete Auckland’s long-planned Western Ring Route, a 48 km north-south motorway alternative to State Highway 1 that bypasses the central city to the west. The project involves construction of 5 km of new motorway – half of it underground in tunnels – to connect the Southwestern (State Highway 20) and Northwestern (State Highway 16) motorways.The Western Ring Route will link the major population and industrial centres of Manukau, Auckland and North Shore to give the region the connected and resilient strategic road transport system it needs to underpin economic growth and sustainable development. It will also provide a direct motorway link between Auckland’s central business district (CBD) and international airport.The project involves construction of twin 2.4 km driven tunnels with an outside diameter of 14.41 m beneath residential suburbs, a major arterial road and a rail corridor. Enabling works began in January 2012 while tunnel construction using an earth pressure balance (EPB) tunnel boring machine (TBM) began in November 2013.This presentation introduces the Waterview Connection project, its role in the development of the Auckland motorway network, its procurement process, the alliance delivery model and an overview of the project’s design features and construction progress to date.Design and construction highlights of the presentation include the TBM start-up, turnaround and breakthrough arrangements as well as the experience gained during the first tunnelling drive. The presentation also covers an innovative process developed for invert construction behind the TBM that is independent of tunnel excavation.CITATION:Spies, P, Burden, J and Hanke, S, 2014. The Waterview Connection Project – progress to date, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 519–540 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By J. van der Walt, W. Spiteri

Flyrock remains a significant threat to the health and safety of mine employees and integrity of infrastructure, as well as to the safety of the neighbouring communities and their property. This investigation was motivated by the general lack of fundamental research and mathematically quantifiable data in the literature regarding the relationship between blast design parameters and their impact on flyrock. The focus was to develop a concept that can be used to mathematically quantify the trajectory of flyrock resulting from a blast, which can be used for future research. The ultimate goal for this technique, once it has been fully developed, is to: ➤ Enable mining operations to generate a database with accurate historical flyrock measurements resulting from their blasting operations ➤ Allow research teams to conduct scientific investigations into flyrock and the impact of various blast design parameters ➤ Generate point-cloud data to visualize blasts and flyrock in a virtual reality environment for training and education purposes. This paper summarizes a conceptual technique and preliminary fieldwork that was carried out to determine the technique’s feasibility and motivate further development. The results show conclusively that a modified photogrammetric technique is capable of capturing flyrock data for further processing and analysis. The data acquisition procedure can, at this point, be used to meet the first aim of the project, namely to gather a field database of historical flyrock generation. Further development of the technique is ongoing and it is envisioned that the scientific-based technique will provide a method whereby future flyrock studies will be comparable and that assumptions will be limited.

Apr 5, 2023

By D G. Boxall

As an alternative to heavy water cooling, reactors cooled by organic liquids are being actively developed in Canada under the sponsorship of Atomic Energy of Canada Limited. One of the areas in which development has been required is that of core materials. The factors affecting the selection of fuel canning and coolant tube materials are discussed. It is shown that S.A.P. is a potentially attractive material for these applications. The fabrication of fuel sheathing is discussed. Difficulties met due to large inclusions and blistering due to high hydrogen contents have been overcome by magnetic separation and vacuum sintering of the powders. High-quality tubes can now be produced by extrusion to finished size. A study has been made of the mechanical properties of fuel-sheathing tubes and bar stock. The stress rupture properties of the tubes subjected to uniaxial and biaxial stress have been determined. The biaxial stress tests were performed by internal pressurization. For times in excess of about 200 hours, the curve of stress against time to rupture is extremely flat. The secondary creep rates of

Jan 1, 1965

By Sagrabb T

In a company's quest for financing the development of a new mine, it will make calls on stockbroking houses and banks. The choice of the best-fit broker or banker is of great importance, and in the case of the miner, this is a house that has an intimate understanding of the mining industry, particularly one that has a solid staff complement of personnel with operating mine experience at a senior level. The most important document that the company will present to support its financing request will be the Feasibility Study. It cannot be too strongly emphasised that this document must be absolutely comprehensive and cover items including: (a) Geological review; (b) Resources and reserves; (c) Mineability; (d) Mining schedule; (e) Metallurgy; (f) Process plant description; (g) Infrastructure and services; (h) Management and operations; (i) Environmental and social impact; (j) Capital costs; (k) Operating costs; and (1) Financial analysis. The elements listed above represent major topics and require a great deal of expansion in the body of the document. Rothschild Australia Limited assists its client companies by supplying a detailed framework so that they will be in a position give the bank the information it needs to complete its technical `due diligence' study within a mutually agreed time. The client company will advance its position markedly if it uses well-known, reputable consultants to either complete or assist with the various aspects of the Feasibility Study. Such an approach will give the potential financier confidence that the company has taken a professional and unbiased attitude in determining the feasibility of the property in question. Most small- to medium-sized mining companies, both within Australia and overseas, will prefer, or will find it mandatory, to request a project funding package rather than opt for a corporate loan. This is because the company either does not want to tie all of its assets to the performance of one project, or that it is a one or two project company with no other substantial assets and is therefore unable to obtain a corporate loan. Upon receipt of the Feasibility Study, the bank will use the data supplied by the company in its cash flow analysis to build its own financial model. The purpose of this is to examine the timing of

Jan 1, 1994

By Fred Delabbio, Sverker Hartwig

As openpit copper operations transition from surface mines to underground, the speed of underground infrastructure construction prior to production is critical for maximizing the value of the project. Typically, the preferred underground bulk mining method is block caving. In preparation for future underground projects, Rio Tinto made the strategic decision to invest in a step-change program that would develop system solutions to reduce the construction time of block caves. The program focused on improving safety and doubling or more the construction speed of both vertical shafts and horizontal infrastructure compared to existing drill-and-blast rates. After an extensive selection process, Rio Tinto selected the Atlas Copco mobile miner machine as one of the concepts to proceed with for construction of horizontal infrastructure for access and footprint. In addition to un-derground drilling and hauling equipment, Atlas Copco?s Robbins mobile miner concept (a previous attempt at horizontal mechanical excavation) completed trials at Mount Isa, Pasminco and Taisei. Rio Tinto selected the new Atlas Copco mobile miner machine concept for a number of reasons including the use of proven technology from the three previous mobile miner machines and other commercial products, as well as the ability to install complete ground support typical with high rock stress conditions at approximately 1,500 to 2,000 m (4,900 to 6,500 ft) depth. Atlas Copco, with support from Rowa, the Swiss company that specializes in back up systems for tunnel boring machines (TBM), is advancing the detail design of the access version of a tunneling system on behalf of Rio Tinto. Because of the different requirements between an excavation system for access tunnels and that for tunnels on the footprint, two different versions of the mobile miner machine technology were envisioned. The access and the footprint versions of the Atlas Copco mobile miner machine share a majority of key technologies and systems. Therefore, it was possible to conduct a performance conformation test using a full-scale version of the access machine that would also mitigate the technical risks for the footprint version. To alleviate confusion, this article focuses on the access version of the Atlas

Jul 1, 2010

By Knud Sinding

Many industries have established their own systems for self-regulation. They often do so when companies operate in countries where financial, technical, environmental and social regulation is weak and when the industry is challenged by legitimacy issues related to behaviour in one of these areas. Mining is one industry that has progressed unevenly down the road of self-regulation in these areas. This paper examines how the development of self-regulation for mines and mining companies involves difficult questions of scope, rules, membership, assessment criteria and performance evaluation. Using a range of theoretical and empirical results from research on self-regulation, performance rating and corporate strategy, this paper analyses the strategic and operational issues related to the idea of self-regulation in the mining industry. The analysis indicates that while self-regulation may bring benefits to members, they are likely to take a long time coming; but when they do arrive they may be substantial. Using the fact that in relation to technical and financial issues the industry is quite experienced in self-regulation ? not least as it is more reluctant in areas such as environmental and social performance ? the case is made for a comprehensive and innovative approach, that draws on the areas where the industry is experienced and develops new institutional solutions in the areas where the industry is more reluctant.

Aug 1, 2013