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We have lived through a period of strong metal pricing during the past eight to 10 years. Copper has been hovering in the range of $3-$4/lb during much of the past eight years, averaging close to $3.30/lb. Gold increased steadily from less than $300/oz levels in the early 2000s, reaching almost $1,890/oz in the third quarter of 2011, before tempering back down to the $1,200-1,400/oz range in 2013. Iron ore prices started to rise in 2005 before the staggering increases experienced in 2008- 2010, reaching almost $190/metric ton in early 2011. During the past four years, iron ore prices have ranged from $100-180/t, averaging approximately $140/t. In the aftermath of such a run, it is perhaps too easy to forget where we have come from: The copper price averaged just 77 cents/lb during the six-year period from 1998 to 2003, and averaged just over $1/lb from 1989 to 1997. The gold price averaged $350/oz during the 10-year period from 1994 to 2003. Even more dramatically, iron ore traded in the range of $10-$15/t between 1985 and 2004. So, we have seen sustained, three- to four-fold increases in copper and gold prices, and 8 to 10-fold increases in iron ore prices.

Mar 1, 2014

By H. Westengen

The AE alloy family exhibits remarkable combinations of properties when utilized as high pressure die castings. This performance relies on the fact that the rapid cooling rate resulting from the direct contact between the molten alloy and the steel die walls effectively refines the structure through rapid solidification. Furthermore, the rare earth additions modify the solidification pattern, dramatically reducing the solidification interval. A solid shell forms at temperatures exceeding 500C, reducing the tendency for die sticking and inverse segregation. As a result, the die castability is excellent, giving parts with a smooth and shiny surface. Unlike other magnesium die casting alloys developed to improve elevated temperature creep properties, AE alloys do not suffer from the commonly observed tendency to introduce brittleness. This feature is attributed to the fact that the massive magnesium- aluminium intermetallic phase is substituted by a finely dispersed lamellar structure of Al-RE intermetallics. The resulting combination of excellent elevated temperature properties and good ductility, as well as excellent corrosion resistance, means superiority of these alloys for demanding automotive engine and chassis applications.

Jan 1, 2006

By C Tapia Cortez, C Sammut, S Saydam, J Coulton

‘Like every other commodity, the value of the metals is subject to variation’ (Ricardo, 1817). Mineral commodity price uncertainties have always been a significant issue in mining business due to the close relation between global economic conditions and commodity prices, which commonly generates significant and unexpected price fluctuations. Price forecasts have been driven by economic theory, which states that in the long-run market will be balanced and that prices tend to the marginal cost of production. However, this theory has been misunderstood in the mining industry and future prices through time, in real terms, are assumed to be unchanged. This is unrealistic due to regardless of the cycling nature of economy and the omission of uncertainties. Furthermore, using historical data in traditional price forecast approaches does not guarantee realistic predictions as past events will not necessarily be repeated at the same intervals and with the same intensity. Mining, finance and economic sectors have made significant research efforts to predict prices and control uncertainties through classic linear, Gaussian and probabilistic simulation approaches. However, by definition, uncertainties cannot be measured or accurately modelled. Uncertainties can be identified to measure and manage the associated risks; therefore, uncertainties in mining projects have been historically misinterpreted, erroneously measured and poorly controlled. It is widely known that supply and demand functions drive market prices. While technological development noticeably influences supply, demand is strongly driven by psychological factors, mainly related to customer preferences and lifestyle expectations. Thus, human behaviour is one, or if not, the most important variable to determine commodity prices in a competitive market. During the last decades, alternative methodologies have been used to study uncertainties in human, environmental and market behaviours. Chaos theory, fractals, artificial intelligence and econophysics have been widely and successfully used to investigate complex dynamic systems to address uncertainties over time in the fields of neurosciences, meteorology, aviation and market trading. The application of these techniques in the market suggests a more realistic approach to the business environment. Through the combination of the methodologies above a novel long-run price uncertainties simulation approach that emphasise the differences between risks and uncertainties is proposed in this paper. CITATION:Tapia Cortez, C, Saydam, S, Coulton, J and Sammut, C, 2015. Copper price uncertainties – chaos theory to manage risks in mining projects, in Proceedings Third International Future Mining Conference, pp 261–272 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By Trevor R. Ellis

Minerals appraisers/valuers often find great difficulty in attempting to employ the sales comparison approach to the market value appraisal of development and operating stage mineral properties. An important factor generally overlooked is a comparison of net operating income (NOI) margins on a per-unit-of-production basis between mineral properties, whether these be demonstrated or forecast margins. NOI margins can vary greatly between mines or quarries that are producing similar products. Ultimately, the expected NOI margin determines what a buyer is willing to pay for an income-producing property. Here, common criticisms of the sales comparison approach by mineral appraisers are introduced. These are counterbalanced by raising some issues in the way the inputs for the income approach are usually derived by minerals appraisers and by review of some conspicuous examples of the much-too-common misuse or abuse of the income approach in market value mineral appraisals. Example transaction analyses and sales comparison analyses are used to demonstrate the author?s methodology for adjusting units of resource in his transaction adjustment tables. The examples are used as the basis for a discussion of ways to employ adjustments for operating economics and many other factors, while warning against the potential for double counting. The conclusions include a recommendation that minerals appraisers attempt to apply at least two of the three valuation approaches when appraising the market or fair value of development and operating stage mineral properties, the two being the sales comparison and income approaches.

Jan 1, 2011

By Forrest T. Moyer

Injury experience at metal mines and mills (excluding officeworkers) in 1964 was 60 fatal and 3,672 nonfatal disabling work injuries during an exposure time of 149 million man-hours worked. These injuries occurred at a frequency rate of 24.57 per million man-hours and had a severity rate of 3,687 days lost or charged per million man-hours. Employment at 2,363 metal mines and 291 mills, excluding officeworkers, was 68,140 men in 1964. The average number of days worked was 274 The principal cause of fatal injuries at all mines and mills was haulage accidents and in underground mines, only, was falls of ground. The principal cause of nonfatal injuries was handling material accidents. The frequency rate at metal mines and mills in 1964 was slightly below that of 1963, whereas the severity rate was higher. Injury experience at 94 primary nonferrous smelters, refineries, and reduction plants (excluding officeworkers) was 8 fatal and 999 nonfatal disabling work injuries during a worktime of 98 million man-hours worked. The combined injury-frequency rate in 1964 was 10.29 and the injury-severity rate was 1,005. The 36,956 employees worked an average of 329 days during 1964. The principal cause of injuries at these plants was handling material accidents.

Jan 1, 1968

By C. C. Jobes, J. J. Sammarco, D. L. Anderson

Computer-aided control of a mining machine places its operator in a safe, remote location, thus reducing health and safety risks. Sensing systems that provide machine position (xy coordinates) and heading (yaw) are extremely useful in aiding remote positioning of mining machines. The US Bureau of Mines (Bureau) developed two sensing systems for position and heading information: a scanning laser system based on the Lasernet sensor and a mechanical position and heading system based on linear-position transducers. The Bureau is also investigating a system from Honeywell, the modular azimuth and positioning system (MAPS), that employs ring-laser gyroscopes (RLGs). This paper presents a brief background and status of these sensing systems as applied to a continuous mining machine (CM). Included are field test results off each system operating in a room-and-pillar research section at a cooperating West Virginia mine.

Jan 1, 1993

By T. T. Matuludi

Kleinkopje Colliery has five Wemco drums that were installed and commissioned in 1978. Over the years, there have been remarkable changes in mining and geological conditions at the colliery. First, an increase in the percentage of fines was recorded, which resulted in an uneven split or an imbalance in silo levels between material feeding the cyclone (-12 mm) and Wemco drum (+12 mm) sections respectively. This problem was solved by doing modifications around the banana screens to allow finer material to the drums. The imbalance challenge was then followed by spontaneous combustion that takes place in situ and results in low product yield. The results obtained from efficiency tests indicate that although there is a limit in the percentage of -6 mm material in the feed, Wemco drums are still very efficient and applicable to the current mining conditions. These results also suggest that it is essential to lower the throughput when the drums are treating low yielding coal.

Jan 1, 2010

By M Lak, R Amiri, A Haratian, M Asghari, S Haji

In recent years, due to advances in designing of various magnet assemblies, a wide range of magnetic materials with different properties can be concentrated. Jalal Abad iron ore beneficiation plant, which is located in Iran, Kerman province, is currently producing iron ore concentrate with the capacity of 0.8 Mt/a by having medium intensity magnetic separators (MIMS) with rougher and cleaner stages that finally leads to the production of an iron concentrate with the Fe grade of about 65 per cent. In this plant, the rougher tailings directly goes to the thickener as the final tailings and cleaner tailings feeds to the ball mill for regrinding. Since some hematite particles with weak magnetic properties cannot be recovered from only these two stages of magnetic separation, the obtained tailings from this concentration plant has approximately an iron grade of 25 per cent to 27 per cent. Accordingly, laboratory processing tests were conducted on the obtained representative sample of the final tailings. Based on the experimental results performed on final tailings, a new magnetic drum separator with a specific magnetic assembly was designed that could finally lead to product with iron grade range of 58 per cent to 60 per cent with relative and total weight per cent of 8.6 per cent and 3.86 per cent. Finally, it could be concluded that feeding of magnetite particles to the existing drum separators, due to their high magnetic field intensity, cannot efficiently lead to improvement of the grade of concentrate. Therefore, pilot magnetic separation tests were done on the final concentrate for evaluation of product upgrading probability. Consequently, by increasing another stage of cleaning and by decreasing the magnetic field intensity, the final product grade could be enhanced from 65 per cent to 67 per cent.

Nov 8, 2021

By Verya Nasri, Mehdi Bakhshi

"Fiber reinforcement has emerged as an alternative to steel bars in precast concrete segments due to advantages such as saving cost and reducing production time while developing a more robust product with improved handling and long-term durability. ACI recently drafted a new report as the first design guideline on FRC tunnel segments to provide specific guidance for this emerging technology. ACI document offers general information on the history of FRC precast segments from tunneling projects throughout the world; a procedure for structural analysis and design based on governing load cases, and a description of the material parameters, tests and analyses required to complete the design. This paper summarizes the design considerations in this ACI guideline prepared by the authors of this paper as the main contributors. Application of this guideline to design of a tunnel with an internal diameter of 5.5 m (18 ft) results in elimination of steel bars.INTRODUCTIONPrecast concrete segments are installed to support the tunnel excavation behind the Tunnel Boring Machine (TBM) in soft ground and weak rock applications. The TBM advances by thrusting off the completed rings of precast concrete segments that provide both the initial and final ground support as part of a one-pass lining system. These segments are typically designed to resist the permanent loads from the ground and groundwater as well as the temporary loads from production, transportation and construction. Tunnel segments are generally reinforced to resist the tensile stresses at both the Serviceability (SLS) and the Ultimate Limit States (ULS). With traditional rebar, a significant amount of labor is needed to assemble the cages and place the rebar, which results in higher production costs.Fiber Reinforced Concrete (FRC) can be used to enhance the production, handling, and placement of precast concrete segments. This is because of the uniform dispersion of fibers throughout the segment to include the concrete cover, which is very advantageous for resisting the bursting and spalling stresses. These stresses develop as a result of the high loads induced on the segments during the TBM jacking process. The presence of fiber in the concrete matrix helps mitigate against unintentional impact loads during segment handling and tunnel construction operations."

Jan 1, 2016

By R. A. L. Drew, F. Jalilian, M. Jahazi

Joining of superalloy Inconel 61 7 with a foil interlayer using transient liquid phase bonding (TLP) technique was studied. Inconel 617 is a solid solution, Ni - Cr - Co- Mo alloy with an exceptional composition of high temperature strength, oxidation, carburization resistance and thermal stability. In this investigation, two bonding temperatures, 1065°C and 1150°C, and two interlayer thicknesses with joining times varying from 5 minutes to 24 hours were employed. Experiments were carried out using nickel base interlayer (A WS BNi-3) with boron as the melting point depressant (MPD) element. Joints were characterized using optical microscopy, SEM, FEG-SEM, EBSD, XRD and microhardness. The results indicated that the rate of elimination of the liquid phase with increasing the bonding temperature, holding time and decreasing the thickness of the interlayer increased. The main precipitates in the diffusion layer had platelike and blocky morphologies for both bonding temperatures and all holding times.

Jan 1, 2006

By M. Albrecht

In the mining industry and particularly in the processing plants, we use some large and unusual equipment. Understanding what it is and what it does is important to good operations, but how do you teach a new employee. When I started out in this field, the information on the processing equipment was easy to come by. Equipment manufacturers readily supplied it; their salesmen, often engineers themselves, knew how important the availability of this information was. Old engineers used their notebooks to train the new engineers. Over time this has changed. Equipment manufacturers have changed hands or gone out of business, and often the older engineers are gone. As a start in reversing this, this presentation will be an introduction to sizing, selecting, and operation of some of this equipment, in particular gravity separating equipment. Major portions of this have been excerpted from A Mining Engineers Notebook: Mineral processing (2).

Feb 23, 2014

By David W. Martel, Tom George

"As part of the regional water authority review and upgrade of local dams a 35m x 5m x 3m wet soil mixed block was required for stabilisation of a dam wall toe in remote Victoria, Australia. Remote access, extremely poor roads and high mobilisation costs made more traditional CSM and deep mixing methods cost prohibitive. The dam required a redesign to raise the wall by 2.0m to increase water storage. Additionally, the dam required additional stabilisation to reduce the risk of liquefaction during an earthquake event. Soil testing indicated loose, cohesionless, high permeability soils to a depth of 3.0 to 3.5m across the toe of the wall. This resulted in high dam seepage through the toe of dam wall potentially causing the factor of safety during a seismic event to decrease to a dangerous level. A number of laboratory trials were completed to determine the mix ratio of cement required to improve the strength of the saturated, liquefiable soil.Wagstaff Piling was responsible for achieving the required soil/cement strength and mix depth on site. As the ground conditions were too soft for conventional soil mixing equipment, an excavator mounted Mitsui road header was modified to fit a 20 tonne excavator. A purpose built remote batching plant was set up on more stable ground approximately 200m from the wall and utilised for preparation of cement and water slurry for supply to the machine. As the ground was too soft to support the excavator, the progressively improved ground was used as the working platform. Both wet grab sampling and in situ testing was undertaken to determine the UCS of the improved soil. These results indicated several variations in the results due to size effects.1 INTRODUCTIONA small town in remote Victoria relies totally on its water supply from a small dam. The dam wall required stabilisation works by ground improvement as studies completed on the dam classified it as a high risk of failure under an earthquake event. In addition, the earth fill dam had high levels of seepage and poor control measures, requiring the dam to be upgraded to comply with all regulations.The relevant water authority engaged a contractor under a design and construct contract to complete the works. Wagstaff Piling was engaged as the Subcontractor to provide design and construction advice including the contract for the ground improvement works. Initial discussions involved CSM walls, cut-off walls and mass soil mixing solutions. However, due to the access restrictions for piling equipment, mass soiling mixing was the chosen method of ground improvement."

Jan 1, 2015

By Dachun Liu, Lei Shi, Yongnian Dai, Bin Yang, Yang Tian, Tao Qu

The carbonthermal reduction of high Mg–Si nickel laterite was studied under vacuum. The effects of adding calcium oxide and the reducing agent on the reduction of silicon in residue were studied at pressures of 10–200 Pa and different temperatures, with varying proportions of carbon and CaO. The analysis of the residue was performed using X-ray diffraction and chemical composition analysis. The results show the following: At 1350 °C with a C/O ratio of 1.5:1, the recovery of Si reached a maximum 71.09%. Under these conditions, Si exists mainly in the forms of Fe3Si, Fe2Si, FeSi and SiC. The recovery of Si was above 80% when the temperature was 1450 °C, the C/O ratio 1:1, and 15% addition of CaO. When CaO addition was 22.61%, all of the solid phase was Ca2SiO4.

Mar 1, 2017

By George Filz, Peter R. Cali

"Unnecessarily restrictive specifications could be limiting the cost effectiveness of deep mixing (DM) applications and therefore limiting use of DM on projects where there are other options. Excessively restrictive standards demanded for strength and permeability certainly increase contractors’ bid prices, and costing the owners and, in the case of Government projects, the taxpayers more than necessary. Yet, lax or ineffective specifications often exist for some vital components of the quality assurance and quality control. In this paper, specifications for key elements of DM design and construction are examined. Recommendations are made to improve and streamline DM specifications to better serve the common objective of constructing a safe and cost effective ground improvement project.INTRODUCTIONSpecifications should, at their best, convey the project design requirements and provide clear direction to the contractor regarding requirements for submittals, materials, execution, measurement, schedule, and other aspects as necessary. The specifications should not be overly conservative, restrictive or ambiguous, and they absolutely should not be deficient in measurement of quality. Guide specifications or recycled sections from previous projects often form the template for new project specifications. But standards that appear in guide specifications or from former successful construction should be critically scrutinized by the designer for relevance before using the copy/paste functions of the specifications writer’s keyboard. Because work does not always go as smoothly as planned, specifications for remediation of non-compliant construction should be clearly stated and enforced. Often, non-compliancy is reviewed after-the-fact and deemed to have met the design intent, indicating that either the specifications were too restrictive or the enforcement too weak.The Federal Highway Administration Design Manual: Deep Mixing for Embankment and Foundation Support, October 2013, was written by a panel of DM expert design practitioners and contractors. Guide specifications are included as Appendix C of the FHWA manual. Those guide specifications have been updated in the deep mixing section of the www.GeoTechTools.org website, and the updated specifications represent the most complete and authoritative compilation published to date. Although the specifications for DM at www.GeoTechTools.org are current and complete, and they portray the state-ofthe- practice, they too must be modified to fit specific DM applications, project needs, and site conditions. The keys to a good set of specifications are to prescribe construction only to the level that is required to meet the design intent, to require appropriate quality control and quality assurance (QC/ QA) activities, and to clearly address remedial measures required for non-compliant work."

Jan 1, 2015

By M. Palfreyman

"Most of the minerals employed in Canadian refractory production are imported; in fact, most of the refractories consumed in Canada are imported. Whereas this situation is partly due to a definite shortage of suitable raw materials, e.g., fire clays, it is possible that the potential of certain mineral deposits which could be usefully exploited has not been recognized. There are exceptions, notably magnesite and dolomite, from which refractories are produced in Canada.In many cases, known mineral deposits are located either in inaccessible areas or in areas where transportation would be a major economic factor. This paper lists some minerals and their respective known deposits which could be employed in the production of refractories, irrespective of economics."

Jan 1, 1973

By E. Lutz, M. Momayez, K. W. Brown Requist

As real-time air quality monitoring becomes more prevalent in US underground mines, it is important to provide the highest data reliability with the fewest possible sensors. Real-time sensors remain costly, and these costs are not exclusively financial; the time required to install, calibrate, and maintain real-time sensors poses a large barrier to widespread implementation. Current atmospheric monitoring systems typically rely on displaying point-specific values. This requires operators to infer real-time airborne contamination distributions. Monitoring and control software utilizing mine ventilation network (MVN) solvers has been implemented in limited cases because of their ability to simulate ventilation systems quickly, but these solvers use a one-dimensional representation of the mine, limiting spatial resolution of estimated distributions. Computational fluid dynamics (CFD) has likewise been considered as a means to improve spatial resolution, but processing times prevent its use as a basis for monitoring and control. For the real-time monitoring of airborne contamination distributions, we propose a spatial interpolation method that can estimate the distribution of airborne contaminants in near-real time. This method provides a middle ground between fast processing times and increased spatial resolution. With the use of a pathfinding algorithm and optimization through absolute percentage error minimization, this method outperforms spatial interpolation with a Euclidean distance. By providing contamination distribution information to operators, this method and its derivatives stand to outperform current atmospheric monitoring systems.

Apr 16, 2024

By F. Grant

"General *The mining experiences of the coal mining industry in Western Canada have been extremely varied, with the mining companies having to adjust their operations or fail due to the harsh economy of the country in the first part of the century. The bituminous or mountain mines had the railways as main consumers with, at times, optimism that potential steel producers would require metallurgical coal. The prairie and foothills mines mainly provided household fuels, with the fine coal sold to local thermal power plants at discounted prices. In practically all cases fuel competition was very keen, and the less successful mines ceased operations in short-time spans. Knowledge of the parameters that governed the success or failures of the past coal operations should be of value to the present and future mining companies. The initial coal mines were small and were started to supply local demand. These mines had little in the way of capital machinery, engineering, or transportation equipment; therefore the mining methods and mine plans were very simple. The first industrial-sized mines imported most of their management and mining methods from other mining areas, mainly Great Britain. It took time to change the bias of management and mining methods to the requirements of strata characteristics, with rapid closure to those mines that were slow to adapt working methods. The main markets for coal were for household fuel, thermal power plants and railways, with very few other industrial markets developed. The economy of the period was harsh and cyclic and the coal mines were affected more than most industries by these boom and bust periods. It led to the survival of the fittest or the most efficient. Due to the economy, mechanization was introduced to the mines very slowly, with the inability to sell coal fines at a profit being another reason for the delay. Manual labour with hand tools was the main means of production. The work was heavy and arduous, and the pay was based on contract coal tonnage; therefore both men and management paid close attention to details so that nonessential work could be eliminated. Mine openings were dimensioned so that coal could be loaded easily by hand and support requirements were kept to the minimum. Transporting and handling the timber supports required heavy labour; thus the most efficient dimensions were chosen to suit the strata. On the other hand, during the main production seasons the mines tried to make the strata stress work for them so that the pressure was kept on the coal face to keep the coal loose while the strata, a short distance back, was induced to cave to minimize the abutment stresses. This caused mining to be an art, using skills developed by experience with the strata. This led to the development of efficient mine layouts with the openings dimensioned to the strength of the strata and the type of support available. The lack of capital and mechanization, and the manual labour, induced the mines to correlate their service and haulage systems with their mining methods. This caused many innovations that proved very practical."

Jan 1, 1985

By E. D. Calvert

The Bureau of Mines, in its effort to promote greater utilization of domestically abundant materials, conducted reasearch on an alternate mold material that has commercial potential for titanium investment casting. Using variations of the conventional lost wax molding process, investment shell molds were formed entirely of fused, calcia-stabilized Zr02 and a Zr02-forming binder. Optimization of binder/slurry properties', stucco grain size and dis¬tribution, and curing practices resulted in a structurally sound investment shell that was distortion free and thermally stable. Small titanium castings, weighing up to 10 pounds, were prepared in unheated molds by both static and centrifugal casting techniques. Microstruc¬tural examination of the castings revealed that mold fill and surface quality were enhanced by centrifugal casting, although good results also were obtained from the statically poured molds. Microstructural and electron microprobe examinations showed that excessive, brittle case formation could be avoided by curing the dried shell molds in air for at least 2 hours at 1,400° C. Increasing curing temperature and time above these levels yielded added bene¬fits. Molds fired in vacuum at 1,500° C for 4 hours yielded castings essen¬tially free of case formation. The tensile properties of as-cast test specimens (no surface conditioning performed) id the chemical composition of representative metal samples showed that castings produced were comparable to Grades C-1 and C-2 unalloyed titanium This indicated that no sifnificant degradation of metal properties resulted from mold/metal interaction.

Jan 1, 1981

Various methods and software have been trialled for simulation of Au grades at Boddington Mine. This covers in-house and public software as well as sequential and turning bands methods. The diversity of options was further expanded with comparison of point and direct block simulation. Some difficulties were encountered in incorporating high-grade restrictions. Altering parameters or software can make very significant differences and give results varying from estimations. This paper details a new simulation run with validation and tests for local calibration (or progressive correction) of the simulations to the estimations, focusing on reproduction of statistics. This approach brings to the forefront the question æwhat is the purpose of the simulations?Æ Results and some ideas for future applications at Boddington are summarised.

Sep 26, 2011

By Gary P. Sames

The Bureau of Mines recently initiated a study of geologic features that contribute to roof instability in western U.S. underground coal mines. The purpose of the study is to provide information for use in ground control planning and safety hazard reduction in that region, where mining activity has been increasing. Hazardous geologic conditions were surveyed in selected underground coal mines in Utah and Colorado, and both depositional and structural features were identified as potential ground hazards. Although the conditions found do not differ in kind from hazardous geologic conditions in the Eastern United States, they do differ in intensity of occurrence and relative importance. Three depositional features dominate where unstable roof occurs in western underground coal mines: paleochannel deposits, crevasse splay deposits, and flood basin deposits. Three structural features identified as hazardous, but not so widespread or common as the depositional hazards, are faulting, jointing, and igneous intrusions. This survey establishes a foundation for future studies aimed at reducing and preventing ground control accidents in western coal mines.

Jan 1, 1988