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By Euler De Souza, Jason Chew, Aldrich Philip Dirige

Sillmats are structural elements upon which the safety and economics of underfill mining or sill pillar recovery in stopes of moderate width with steeply dipping ore zones, depend. The traditional stability design of cemented sillmats appears to have developed from experience and from standard static physical model tests such as uniaxial and triaxial compression. Such standard static physical model testing approach arrives at some approximate parameters, normally used to describe or predict the behaviour of sillmats in analytical or numerical models. This approach offers inherent limitations and generally results in conservative designs. Centrifuge modeling studies are combined with numerical modeling in this paper to provide insights into sillmat strength behaviour. The results of both modeling techniques suggest that, in stopes with smooth rock wall conditions, sillmat failure is driven by the fill self-weight and has minimum dependency on the fill binder content. In stopes with rough rock wall conditions, however, the wall roughness contributes significantly to the stability of the sillmat during underfill mining. This study indicates that the stability of paste fill sillmats can be designed with confidence using centrifuge physical modeling in combination with numerical modeling.

Jan 1, 2001

By R Turner, P Hatherly, T Medhurst

Borehole geophysical logging data are routinely acquired during exploration of coal deposits in Australia. These data are commonly used qualitatively to identify and correlate coal seams and geotechnically significant interburden rock units. Some quantitative analysis, such as using sonic logs for rock strength estimation is becoming increasingly widespread. This paper discusses results from a project aimed at expanding the quantitative approach to more detailed mineralogical and lithological analysis, which leads to improved geotechnical characterisation for mine planning and mining hazard reduction. A standard suite of wireline logs measuring density, natural gamma, sonic and neutron were analysed from three coal mines in the Bowen Basin. Thirty-nine samples from cored sections of the boreholes were analysed by X-ray diffraction, spectral gamma counts and hyperspectral scanning. Using a standard petrophysical approach to calculating porosity, shale and matrix components from a combination of density, natural gamma and neutron logs, a good correlation with observed mineralogy was demonstrated. However, unusual mineralogies such as heavy minerals or low-potassium clays may distort this analysis. Simultaneous evaluation of all available geophysical logs by modern data mining methods was able to show how these ambiguities may be solved.

Jan 1, 2006

The cost of production from truck and loader fleets is influenced by management development of the culture of the organisation, work practices, systems and procedures of the production and maintenance teams. Establishing if the cost of production is the best that can be achieved then requires the measurement of results against established standards of performance. This paper provides a series of discussion points of the factors that influence the cost of production from men and machines for large scale open pit mining operation and provides some suggested performance standards in the form of Benchmarks. Most of the references have been drawn from established large scale deep pit mines in USA, Canada and Australia which have had to implement and constantly fine tune cost efficiencies in order to survive. The discussion provides:ò a review of priorities or the relative importance of the various cost elements for a mining system;ò suggestions of systems and procedures for the operation and maintenance of machines which are considered to yield the best overall results;ò examples of operations that have developed and implemented management systems and controls that are achieving good results in specific functions; andò suggested benchmarks of performance.

Jan 1, 1992

By S. Konetschnik, E. Dreyer, A. Filzwieser

"More intense furnace operations require effective cooling in order to achieve low refractory wear and good furnace lifetimes, making cooling technology an important aspect of furnace operations. However, the use of water - today’s standard cooling medium - has some disadvantages, as it can cause problems both during furnace start-up and operation, namely hydration problems, corrosion, and explosions. Apart from these aspects, the energy that is removed by extensive cooling cannot be recovered and is normally lost in the cooling towers.With METTOP’s new patented cooling technology it is possible to overcome the disadvantages of water by using an alternative cooling medium, namely ionic liquids (ILs). The main advantage of ILs is the fact that there is no risk of explosion should this liquid come in contact with molten metal. Furthermore, ILs can be used at higher temperatures than water - up to 200°C. This relatively high cooling medium temperature avoids hydration and corrosion problems and allows recovery of the energy by combining the ILTEC system and the organic Rankine Cycle (ORC) technology, for example.Due to the removal of the explosion risk, much higher safety standards can be achieved, particularly in critical areas such as tap-holes"

Jan 1, 2014

By C. G. Black

THE purpose of this paper is to present data obtained from an investi-gation conducted on the grindability of coal by the American Society for Testing Materials Tentative Standard ball-mill method. This investiga-tion has been conducted over a period of a year, during which time several hundred tests were run on a wide selection of different coals coming from Pennsylvania, Ohio, West Virginia and Kentucky. The data herewith presented tend to show that the tentative standard ball-mill method might give results that are misleading and that a volume measure might be more indicative of the true grindability 'of materials of varying specific gravity. A means whereby the time element might be reduced has been studied and other phases of this work such as preparation of samples, mechanical screening, reporting results and duplicating tests have been investigated. It is hoped that all criticism offered in this paper will be taken as constructive, with the purpose in mind of perfecting the method now tentative to show the true conditions and of making optional the manner in which certain parts of the test might be conducted to meet diversified laboratory conditions.

Jan 1, 1936

By W. A. Selvig

The experiments described herein were made at the request of Committee D-5, on Coal and Coke, American is n Society for Testing Materials, in order to obtain data as to the probable contamination of laboratory samples of coke Then pulverized to pass a No. 63 sieve of tine U. S. Standard Sieve Series2 by methods other than by ball-mills or hard-steel diamond mortars, which methods are specified-in the standard methods of that Society.3 After pulverizing, representative samples were analyzed by the Bureau of Mines at Pittsburgh for ash content to detect any contamination of the samples by the pulverizing apparatus. Preparation of Core Samples for Tests. Two samples of 48-hour beehive coke (Continental and Leisenring) made from Pittsburgh coal were selected for the tests. These cokes were crushed approximately to No. 10 sieve size, by first passing through a jaw crusher and then through a, roll crusher. The crushed coke was then carefully mixed and riffled into portions of about 800 grams each, and sent to three cooperating laboratories for grinding, through a No. 60 sieve. Size tests on these samples shoved the fineness to be as follows: [ ]

Jan 1, 1925

By John M. Karpinski, David S. Cahn

A new device based on a constant rate of loading has been developed for the compression testing of green and dry pellets. This device has a lower test variation for green pellets than the existing constant deformation rate tester. While the test variations for dry pellets are similar for both types of machine, the new tester is sensitive enough to measure dry pellet deformations of 15 µ in. for cyclic loading studies. In the study discussed here, the compressive load at which a pellet breaks proved to be a normally distributed random variable, and the load-deformation relationship was found to be linear for dry pellets but not for green pellets. The paper emphasizes the need for a standardized test procedure throughout the industry. For many years the green and dry compressive strengths of pellets have been considered as possible criteria of pellet performance during induration. Little attention, however, has been given to standardizing the unfired pellet compressive strength test or to determining the characteristics of this test. The purpose of this study was to compare the constant deformation rate test with constant loading rate

Jan 1, 1969

By C. Niedersberg, M. K. Almeida, R. M. C. Santana, V. G. Dalenogore

"The major source of environmental pollution in urban areas is the transport sector and its impact on human health and the greenhouse is preoccupying. In many works of literature is monitored the pollutants in urban cities, however in specific areas such as universities, they are scarce. Therefore, the aim of this work is to monitorate the gaseous pollutans in a bus terminal at Santa Cruz do Sul University-UNISC and to develop a control framework of the air quality. Six points were selected for monitoring, being one of them inside a bus. The monitoring of CO, HC and CO2 were carried out on arrival and departure of the bus. Preliminary results conducted in a day of spring showed that the most critical condition was during the night shift, where the concentration of CO (200 ppm) was the highest, caused by the vehicles increase, due to the larger number of students.IntroductionAccording to Mascarenhas et al, 2005, air pollutants are responsible for various effects on vegetation, ecosystems and is recognized as one of major public health problems of today, with harmful effect on humans even at levels considered safe by Brazilian legislation.There are numerous scientific papers linking air pollution with respiratory problems, cardiovascular which hinder the daily life because many of these diseases are chronic and may even lead to death, as was noted by Brook et al, 2004.There is a significant increase in the last decades of emissions to air resulting mainly from human activities. Already being observed the relationship of these emissions with the change in global climate, IPCC, 1995.They are a multitude of pollutants from the atmosphere, and its sources and its effects. The effect of Greenhouse gases (GHG), representing less than 1% of the gases in the atmosphere, controlling the flow of energy in the atmosphere. The increase in emissions of greenhouse gases is affecting the Earth's average temperature, which depends on the balance between these flows, in particular the flow of solar radiation reaching the surface and the flow of infrared radiation sent into space.One of the main greenhouse gases to this imbalance is the gas methane (CH4). Methane is produced by anaerobic decomposition of organic substances, through the action of bacteria metanogenic conditions that require highly reduced to its growth. This gas is released into the atmosphere mainly by transport diffusive by aerenchyma (vascular tissue) plant and also by diffusion through the water slide. (Bont et al., 1978)."

Jan 1, 2008

By J. W. Thompson

The Sullman, Picard & Ballot patent, No. 835120, is a process of concentrating ore which consists in mixing the powdered ore with water, adding a small proportion, a fraction of 1 per cent on the ore, of an oily liquid having a preferential affinity for metal- liferous matter, agitating the mixture until the oil-coated mineral matter forms into a froth and separating the froth from the remain- der by flotation. The process is known as an air-flotation process which consists in the use of a frothing agent in conjunction with such agitation of the ore pulp as will distribute the metallic particles of the ore throughout the mixture and produce bubbles of air and bring them in contact in the mixture with the metallic particles so dis- tributed. The bubbles will become attached to such metallic par- ticles, carrying them separately from the particles of gangue up through the surface of the mixture where they can be readily collected by skimming, by overflow, or by the use of other well-known devices. The air-flotation process was a patentable invention in the discov- ery made in March, 1905, and was not anticipated and is valid. Prior to that time there had been no suggestion in the arts that a propor- tion of 0.1 per cent of oil to ore or of any other fraction of 1 per cent of oil to ore would or might result in successful concentration. While the ascertainment that such a minute proportion of oil would affect a successful concentration of ore through a flotation process was a discovery, it was nevertheless of such a character, viewed with respect to the circumstances under which it was made, as to involve inven- tion and confer patentability. Claims 1 and 12 of the Sullman, Picard & Ballot patent, No. 835120, for a process of concentrating ore, known as the air-flotation process, are valid; but claim 9 is so indefinite as to render the claim void. The object of the Sullman, Greenway & Higgins patent, No. 962678, dated June 28, 1910, for improvements in ore concentration, is to separate metalliferous matter, graphite, and the like from gangue by means of oil, fatty acid, or other substances which have a prefer- ential affinity for metalliferous matter over gangue, and it is valid. The Greenway patent, No. 1099699, dated June 9, 1914, for improve- ments in the concentration of ores is invalid, as in view of the prior art the omission to use acid in the process can not confer patenta- bility.

Jan 1, 1917

By R. A. Cummings, N. N. Moebs, M. M. Singh

Disintegration of the immediate shale roof in coal mines interferes with ventilation, production, and safety. The effect is seasonal and correlates with high levels of moisture in the intake ventilation air. Disintegration, though not completely understood, is caused by shale dilation and weakening upon exposure to atmospheric moisture. Fluctuating moisture conditions are particularly deleterious, but may be at least partially controlled by tempering the air before it is brought to the working places. Disintegration of shale roof is progressive loosening of chunks or slabs or roof shale, which fall to the floor. Bolts are left dangling or are connected to the roof by a column of loose rock. Posts are rendered ineffective. Passage of ventilation air and personnel is restricted by piles of fallen material on the floor. Shale disintegration as it occurs in mine roofs does not appear to have much in common with slaking, such as is measured in slake-durability tests, which results in the failure of certain shales when exposed in embankments or foundations. A two-year program was conducted on behalf of the US Bureau of Mines, incorporating field and laboratory analysis of deterioration. During this study, a. survey was conducted of underground mining operations in the Illinois Basin and Appalachia. In all, 47 mines in six different coal seams were identified as possibly having roof deterioration problems pertinent to the study. Of these, the No. 1 Mine of the Valley Camp Coal Co. near Triadelphia, WV was selected for detailed study. This mine uses conditioning entries, workings where raw intake air is routed before reaching the key haulageways. Deterioration is to be confined to the conditioning chambers. The approach adopted to study the deterioration problem was to measure atmospheric moisture in the mine, determine shale behavior in the laboratory under various moisture conditions, and measure mine roof behavior that could be correlated with atmospheric moisture observations. The following tasks were performed: • Atmospheric baseline data were collected, consisting of airflow measurements, continuous monitoring of the mine and surface atmospheric conditions using a sling psychrometer. • Roof deterioration was documented through measurement of roof convergence (sag), mapping of roof conditions, collection of fallen and rashed material and measurement of roof height increase and photographic logging. An infrared scanner was also tried, but not found useful. • The behavior of shale under various moisture conditions was determined in the lab through tests of shale expansion, natural moisture content, moisture uptake capacity at various humidities, and static (immersion) slaking.

Jan 1, 1984

By Steven J. Page

Overexposure to airborne respirable crystalline silica dust can cause disabling or fatal respiratory disease, and mine worker exposure to silica dust continues to be an ongoing occupational health concern. Exposures of surface coal mine rock drillers to respirable crystalline silica are of particular concern. On surface coal mine drills, bailing air flushes the cuttings out of the drill hole. Conveyor belting material is typically used to fabricate a shroud around the drill deck in an effort to contain the drill dust so that it can be captured by a collector. Dust leakage from the drill shroud is usually the worst dust source problem on most drills. The focus of this work is drill shroud dust leakage and the relationships of various drill parameters on this leakage. Experimental data were obtained and used in combination with dimensional analysis to establish these relationships. In general, it is found that airborne respirable dust (ARD) concentrations vary in a direct relationship with shroud leakage area and in an inverse relationship with drill deck cross sectional area and shroud height. This work expands the testing and dimensional analysis previously reported for collector/bailing air flow ratios ranging from 2:1 to 4:1 to include ratios approaching 1:1. A semi empirical mathematical model has been developed and expanded to describe ARD generation on surface coal mine drills. Geometric parameters included are drill deck height and cross sectional area, shroud leakage associated with the deck shroud, and the operational parameters of bailing airflow and dust collector airflow. The relationships can be described by logarithmic functions and yield predictive ARD values, which fall in the range measured on operating drills for collector/bailing air flow ratios greater than 2. However, at values of collector/bailing air flow ratios of approximately 1.1, the amount of ARD shows minimal response, if any, to drill deck shroud improvements that do not result in near perfect seals. This is a condition that can occur in actual operation and is a substantially different result than previously expected and reported. Application of these results should provide mine operators with sufficient information to determine (1) the relative magnitude of their dust emissions, (2) where they should focus their efforts to reduce ARD emissions and (3) the improvement they could reasonably expect to achieve. Given that exposures of surface coal mine rock drillers to respirable crystalline silica are of particular concern, substantial reductions of airborne silica dust during drilling may be estimated and achieved through use of the analysis presented. Keywords: drill; dust; model; dimensional analysis

Jan 1, 2008

By John P. Bryant, Samuel Kincheloe

Plant nutrients are obtained by plants from both the air and the soil. Carbon dioxide, a gaseous form of carbon and oxygen, supplies the carbon which usually makes up 50% or more of plant structure. Plants are capable of absorbing carbon dioxide directly from the air. Most of this nutrient comes from the air, although some carbon dioxide is absorbed by soil water and taken into the plant as liquid. Growing plants use more water than any other substance. Plant nutrients in the soil dissolve in soil water; soil water entering the plant carries nutrients into the plant structure. Water is then given off into the air as the plant breathes or transpires. Inorganic or mineral nutrients essential to plants are supplied through the soil. Inorganic or mineral composition of plants usually is less than 5% of their weight. In most crop-growing areas, much of this nutrition is inadequately supplied from the soil and must be provided by fertilizers. Proper fertilization of a soil to improve its mineral level and productivity is the role of the fertilizer industry. The 13 essential plant nutrients which often must be added to soils or plants and are generally considered fertilizer minerals are categorized as primary minerals (nitrogen, phosphorus, and potassium); secondary minerals (calcium, magnesium, and sulfur); and micronutrients, or trace minerals (boron, iron, manganese, copper, zinc, molybdenum, and chlorine). These classifications are based on quantity of nutrients utilized by plants and have no implication as to function or degree of necessity. One point of major significance to the fertilizer industry is that not all nutrient carriers supply that nutrient in a chemical form which will be available to the plant. Thus, a product which may be considered a fertilizer mineral may require substantial processing or may require substantial processing or treatment before it becomes useful as a nutrient carrier. Fertilizer Industry Scope Until about 1900 demands for higher crop yields were met simply by bringing new agricultural lands into cultivation. Since that time great progress has been made in increasing yields through fertilization and improved varieties and cultural practices. The importance of the fertilizer industry to the economy and welfare of the US is widely recognized. Fig. 1 illustrates the relationship of lime and fertilizers to crop yields. In terms of tons of fertilizer products, the growth of the industry has been phenomenal, particularly between 1950 and 1980. Table 1 shows the increase in fertilizer usage. Primary Plant Nutrients in Fertilizers Primary minerals (nitrogen, phosphorus, and potassium) are designated as such because [ ]

Jan 1, 1983

By T. L. Dobecki

As a means of demonstrating the effectiveness of reflection seismology in determining continuity of coal seams, three U. S. field projects are reviewed. The three projects involve coals of varied thickness (2-14m) and age (Pennsylvanian to Eocene) from three coal areas of the U. S. (Pennsylvania, Wyoming, and Washington). Each project also employed its own particular seismic technique, recording system, and seismic energy source although all are considered state-of-the-art, high resolution, digital seismic surveys. Project 1 (thin, Pennsylvania coal) sought detection of sand channels using dynamite and standard in-line (2-D) seismic technique. Project 2 (thick, Wyoming underground coal gasification) involved a gas-explosion (Dinoseis) source with areal (3-D) acquisition methods. Project 3 (thick, Washington underground coal gasification) employed a shotgun-type source and standard in- line methods. Data processing was handled by different contractors for each project. Each project was successful in accomplishing its own particular objective; however, data quality and interpretation seem to be more a function of thickness of the target seam, complexity of the overburden, and processing contractor than a seismic source, acquisition scheme (2-D versus 3-D), or recording instrumentation.

Jan 1, 1981

By Alexandra Kozak, Rodrigo Costa, Bob Fukuhara

"The Jacobina project in Bahia, Brazil commenced operations in 2004 with a design capacity of 4,200 tpd. A project development plan to increase plant capacity to 6,500 tpd will be discussed. The project included an evaluation of the existing circuit and addressed bottlenecks in the crushing, milling, sedimentation, leaching and tailings transport. These circuits and the methodology used to provide higher capacity will be presented.INTRODUCTIONThe Jacobina mine is located in the state of Bahia in northeastern Brazil approximately 330 km northwest of the state capital city of Salvador and 9 km from the town of Jacobina. The Jacobina Mine (Figure 1) is owned by Jacobina Mineração e Comércio, a wholly owned subsidiary of Yamana Gold Inc.The gold mineralization of the Jacobina mine is hosted within quartz pebble conglomerate reefs of the Serra do Córrego Formation which together with the Rio do Ouro Formation forms the Serra do Jacobina mountain chain.The Serra do Jacobina mountains have been mined for gold since the late 17th century. Since the 1970’s, the Jacobina mine has been operated by Anglo American, Williams Resources Inc., Desert Sun Mining Inc. The mine is currently owned by Yamana Gold Inc.In December of 1998, operations at Jacobina were suspended and the property was placed under care and maintenance. Desert Sun Mining Inc. began exploring the property in 2002 and eventually purchased the Jacobina mine in 2003. In 2003, a feasibility study was completed that evaluated the economics of re-developing the mining operations and expanding gold production. In 2004, refurbishment and re-development of the mining operations began and the milling facility throughput capacity was expanded from 1.08 to 1.512 Mtpy (3,000 to 4,200 tpd). The milling operations were commissioned in the 1st quarter of 2005 and commercial production was declared 1 July 2005. In April 2006, Yamana Gold Inc. acquired the Jacobina mine through its acquisition of Desert Sun Mining Inc."

Jan 1, 2008

By M. Tominaga

An industrial port complex was constructed on the west coast of Leyte Island The work was started in December 1981 and completed in May 1984. This port complex includes a 665 m long wharf and can accommodate vessels ranging from a 60,000 DWT ore carrier to a 4 000 DWT general cargo ship. It now handles materials for and products from a copper smelter with an annual capacity of 130,000 t and a fertilizer plant with an annual capacity of 900,000 t. The Wharf structures consist mainly of interlocked steel pipe piles, steel sheet piles and steel pipe Piles. Material handling equipment such as unloaders, shiploaders, etc. were installed on the wharf. Site survey, planning, engineering design and construction aspects of the port development are discussed in this paper with particular emphasis on the wharf structure.

Jan 1, 2010

By J. G. Pippenger

The mining industry has been Australia?s major economic driver over the past decade, contributing 8% to Australia?s Gross Domestic Product and 26% of Australian Stock Exchange Market capitalisation. Australia is the world's leading exporter in coal, iron ore, alumina, lead and zinc; and second largest in gold and uranium. While driving the economy, this resource boom has also created a demand for professional and operating talent that has far outstripped the capacity of Australia?s 21 million residents. I moved to Australia some 10 years ago and have not looked back. This unique island continent with its mix of Indigenous and diverse immigrants ? many still proud of their convict ancestry ? has offered life long memories both professionally and personally.

Jan 1, 2011

By Rolf Katzenbach

Construction of drilled shaft foundations with the use of hydraulic oscillators and rotators to install temporary casing over the full depth of the shaft is described. The equipment and techniques were developed in the 1960?s in Germany and full-depth casing is now the predominant method of construction in Europe. Its use in North America is increasing. This paper presents an overview of full-depth casing methods and a summary of available load test data evaluated by the authors to compare the load transfer and capacity performance of shafts installed by various construction methods. Results demonstrate that load transfer and capacity of full-depth casing shafts are equal to or exceed that of shafts constructed by dry or slurry methods and that measured capacities are consistent with generally accepted design equations. The principal advantage of full-depth casing methods over other installation techniques is that the risk of defects in the shaft is minimized. Casing is able to penetrate into the ground under any geologic or groundwater condition when this technique is applied. Potential delays and cost overruns can thus be avoided and a safe, economical foundation element is created.

Jan 1, 2007

By M. Vesely

Abrasive grinding, leading to ultrafine product and "critical size" material build-up inside the mill, is proposed as the cause of high power consumption and low capacity in many fully autogenous grinding processes. Addition of steel balls (hence, semiautogenous grinding) or pebble removal and separate crushing have been used, with different efficiencies, to overcome the problem. Information and data for the conceptual analysis, basic design and operation of a pebble crusher at the Los Bronces semiautogenous grinding plant is presented along with data showing a production increase of 1000 mtpd and significant operating costs savings.

Jan 1, 1985

By Stefany Castro, Miguel Pineda, Jonathan Calle, Sebastián Osorio

Sociedad Minera Cerro Verde cuenta con un nivel de monitoreo completamente automatizado, el resultado final se presenta en una plataforma digital dinámica de visualización de resultados de calidad y niveles de agua subterránea (Dashboard) en tiempo real, permitiendo así un seguimiento constante y la identificación de algunas variaciones en los parámetros más relevantes, pudiendo ejecutarse respuestas inmediatas ante cualquier alerta o cambio de las condiciones del agua subterránea o parámetro hidroquímico. El nivel de instrumentación automatizada de Sociedad Minera Cerro Verde se basa en las combinaciones de captura y almacenamiento de datos y las combinaciones de cobertura de señal según disponibilidad en diferentes sectores de la mina.

Sep 30, 2022

By C. Musingwini, A. S. Nhleko

"Since the Global Financial Crisis (GFC) in mid-2008, capital has been more difficult to access. Mining projects must contend with projects from other industries for scarce capital. A decision to invest available capital in mineral projects requires that valuation be conducted to assess the expected return on the projects. The discounted cash flow (DCF) analysis is generally applied for the valuation of mining projects, whereby future cash flows are discounted to present value using an appropriate discount rate. The discount rate significantly affects the outcome of a valuation. Economic and finance theory provides tools to calculate discount rates. The discount rate must account for factors such as the risk and stage of development of the mineral project; hence the appropriate discount rate to utilize in a project is often a subject of debate.The discount rate is the weighted sum of the cost of debt and equity. There are several methods for determining the cost of equity. This study considers the commonly applied Capital Asset Pricing Model (CAPM) and Gordon’s Wealth Growth Model because of their simplicity and availability of parameters required to estimate the cost of equity. This study explores how differences in the cost of equity obtained by these two methods can be explained for a mining environment. Data for empirical analysis were collected from the I-Net Bridge, McGregor BFA, and Bloomberg databases. It was found that Gordon’s Wealth Growth Model provides better estimates of the cost of equity compared to the CAPM under depressed market conditions. Therefore, this research recommends that Gordon’s Wealth Growth Model be used to estimate the discount rates for mining projects during periods of depressed market conditions."

Jan 1, 2016