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By R. R. Stone

"This paper will examine the role of debt and equity in project financing and will illustrate the impact on the return to the project sponsor of each type. Conventional debt sources will be examined, as will product purchaser advances, foreign export-import bank loans and lease financing. The paper will review guarantees, charges against the project, dividend restrictions and other commitments. It will also discuss various features of sales contracts and the degree to which they can assist in securing financing. IntroductionThe cost of bringing new mining projects on stream is escalating significantly more rapidly than general rates of inflation. Reasons for this include the higher costs of safeguarding the environment and ensuring the health and safety of workers. The need to develop properties in more remote areas is also a significant factor. These higher costs have not been matched by increases in metal prices, making the task of financing these projects ever more difficult. At the same time, the imagination of borrowers and lenders seems boundless, and innovative schemes for financing projects are constantly being unveiled.It is probably safe to say that no two projects have ever been financed in precisely the same way and the number of financing options for any project is limited only by the imagination of the sponsors themselves. The objectives of the project sponsor represent the most important factor in determining the scope of possible financial arrangements. For example, the sponsor may wish to maximize over-all company leverage by isolating each of its projects in separate companies. In so doing, it hopes to facilitate more ventures than would otherwise be the case. These objectives point toward true project financing. Additional objectives may be to develop a number of its properties by joint venture and to reduce the amount of debt on the sponsor's balance sheet. Those sponsors whose objectives include minimizing over-all financing costs will wish to increase the number of financial options and, as a result, will not be so concerned with effecting true project financing. This approach may also provide ""greater certainty that tax benefits are utilized quickly."

Jan 1, 1980

By R. Hutchings

The paper reviews current understanding of the effect of ion implantation on the wear process, and the state-of-the-art of ion implantation as a commercially viable treatment to impart wear resistance. Ion implantation involves the firing of high-energy ions into the surface of a material, which modifies the surface properties and so causes a transition in the dominant wear mode. The process is best suited to specialized engineering applications involving critical dimensional tolerances or surface finishes, but has gained little industrial acceptance because of its poor reproducibility and the lack of a suitable method of inspection.

Jan 1, 1986

By John W. Cloud

The delivery of blows upon roadway structures by the locomotive engine at high speed, althongh long recognized, has, perhaps, not been as generally understood in severity, relation to speed, and cause as is desirable in matters of such importance. Some points of explanation, with illustrative disgrams, are, therefore, submitted to your attention, preparatory to a note 011 " Steel for Bridges," also submitted. In order that a locomotive may run at high rates of speed with-

Jan 1, 1881

By Yuanbo Zhang, Helei Zhang, Heng Yu, Guanghui Li, Zhengwei Yu, Tao Jiang

"Composite agglomeration process (CAP) is an innovative method for preparing blast furnace burden. For CAP, the classified raw materials of pelletizing feeds and matrix feeds are mixed, charged and sintered. The characteristics of these two kinds of feeds obviously affect the permeability of per-ignition bed, as well as the sinter productivity and quality. In this study, the Ergun equation is proposed to predict the pressure drop of CAP bed using the particle size distribution. The calculation process indicates that the Dv and the Em are the two tuning parameters. The results show that there is a gap between the calculated values by Ergun equation and the measured results by pressure drop testing facility. Eliminated this error by modified the Ergun equation and then validated it through experimental studies using simulated CAP mix and test facility. Therefore, the modified Ergun equation can be used to predict the permeability of CAP bed.IntroductionThe sintering process is one of predominant agglomeration processes for preparing ironmaking burden from iron-bearing materials. Sinter accounts for 70-80% of the blast furnace burden in China and the continuous improvement of sinter quality provides a guarantee to anterograde production of blast furnace. Sinter productivity and quality are strongly related to the permeability of the bed during sintering, which is dependent on the structure of the bed before ignition in the early stage [l]. The size distribution, the shape of granules and the bed voidage are the primary affecting factors to pre-ignition permeability."

Jan 1, 2013

Jan 1, 1926

By M. M. Yahyaei

The Sarcheshmeh new concentration plant uses a 32 ft×16 ft constant speed (10.5 RPM) SAG mill with two 5500 hp motors which could rotate in two directions. The mill liners are chrome-molybdenum steel casting type with a Brinnell hardness between 325 and 375 with the lifter face angle of 14° and lifter height of 152 mm. The shell liner consists of 120 (two 60 rows) pieces with a High-High configuration in a rail design. A specially designed liner wear profile measuring device enabled fast and accurate measurements inside the mill during the mill shut-down periods. The measurements indicated that the liner wear profile along the liner length is non-uniform and the highest wear occurs between 1.25m and 2.75m of the mill length. The average weight of liners at the time of removal was 47% of the original weight indicating a significant metal loss. The modification of liner shape was undertaken with the aim of having a uniform profile at the liner removal time. The proposed liner unlike the pervious type did not have a uniform shape with a lifter height of 187mm at the section where the wear rate was high. It was believed that this new profile could arrive at a uniform profile at the liner change out time. A study was also directed to the possible change of charge motion due to the liner profile modification. The dynamic behaviour of charge was investigated through the analysis of forces acting on a single ball using mill characteristics such as mill diameter, rotational speed, lifter height and release angle. The simulation of charge motion with this method and Milltraj TM software indicated that the impact position of charge will change only one degree due to the maximum increase of 35 mm in the lifter height. This assured that the installation of the modified liner would not have any adverse effect on the mill because of ball impacting the mill shell. It was predicated that the amount of scrap metal will reduce to 30% from the current value of 47% beside 1500 h increase in the liner life time.

Jan 1, 2014

By Oliver Bowles

"The town of Monson in Piscutaquis County, Maine is the, center of an important site industry. Monson slate has a nation-wide reputation, particularly for electrical switch boards, and the deposits have been worked for the manufacture of such products for many years. Open-pit quarrying is the method most commonly employed in obtaining slate. Underground methods have been used in the Peaon Bottom district near Delta, Pennsylvania, but the quarries that were thus operated are now abandoned. Underground methods have been used more extensively in foreign countries, the most famous example being the slate mines at Angers in France, where an over-head stoping method has been employed successfully for many it is only under special conditions that underground methods can be successfully used. If the deposit is wide and relatively thin, or if the material is too unsound to constitute a safe roof, open-pit methods must be used, for slate is too low-priced a commodity to justify the heavy expense of any timbering methods. It is only where the deposit is relatively narrow, of great depth, and sufficiently sound to afford a strong roof that ordinary mining may be employed.The best slate beds in two of the three quarries operated at Monson are no worked by underground methods. The chief bed worked by the Portland Monson Slate Co. is 10 feet thick, stands vertical and strikes N. 63º F. The slaty cleavage is vertical and crosses the strike of the beds at an angle of 5 to 10°. The grain or second direction of splitting is vertical and perpendicular to the cleavage. In addition to the 10-foot bed, to 2-foot beds and one 5-foot bed are available but are not now utilized. In the Monson Maine Slate Co. quarry (the old Pond quarry),a greater number of beds available, but at present quarrying is confined to a single bed about 9 feet thick which dips 30º S.E. and strikes N. 47ºF. The slaty cleavage is vertical and strides N. 45º F., while the grain strikes N. 45-50º W. and is also vertical."

Nov 1, 1920

By Gaom M. W.

The Mount Isa copper concentrator started operation in 1973. Its secondary grinding circuit consisted of two 5 meters diameter ball mills in closed circuit with 505 mm cyclones. At the design throughput of 800 t/h, the 80% passing size of the circuit product (P80) was about 140 µm. The then Mount Isa Mines Limited (?MIM?) installed two autogenous grinding (?AG?) mills in 1991 to replace two stages of crushing, a rod milling stage and one primary ball milling stage. One of the AG mills was later converted to semi-autogenous grinding (?SAG?) operation by the addition of a steel grinding medium to achieve the designed plant throughput of 800 t/h. The cyclone over-flow P80of the secondary ball mill circuit was reduced to 120 µm by the increased operating power in the AG/SAG mill circuits. The two secondary balls mills had a grinding power of 5.2 MW. A mineralogical study of the milled products indicated that half of this grinding power was sufficient for adequate chalcopyrite liberation. Eliminating one of the secondary ball mills could reduce energy and operating costs by more than A$2 million dollars per year. An optimisation project team was established to achieve the predicted power saving. Grinding circuit simulations were conducted for different circuit configurations. Ball mill parameters such as ball size, ball charge and feed slurry density were optimised. Cyclone body diameter, spigot and vortex finder sizes, and cyclone types were tested. The secondary ball mill circuit was redesigned and several proposed circuits were run as trial production campaigns to determine their operability and efficiency. The plant trials confirmed that one of the secondary ball mills could be decommissioned. Significant cost savings were achieved as a result. The success of the project demonstrates optimising grinding circuits can not only deliver the plant performance, but also a much lower unit operating cost through energy and maintenance savings.

Jan 1, 2014

By H. H. Uhlig

In our study of the mechanism of and the prevention of corrosion in stainless steels, it was considered of fundamental importance to obtain knowledge of the surface structure of such alloys. If corrosion resistance is due to a self-healing oxide layer, which like a paint film protects the underlying metal, it would be obviously relevant were the effort made to make the film less permeable and more adherent; for example, the surface might be expected to respond to an anodizing process, which is found successful in increasing the film thickness and corrosion resistance of aluminum. However, if passivity and corrosion resistance of stainless steels are due to another cause, the attack of the problem would follow another path. One of the most effective techniques for studying passivity and corrosion tendency is the measurement of the electrochemical potential. Not only can one determine by potential measurements whether a metal is active or passive, but also one can determine the degree of passivity and rate of transformation of passivity with time. Chemical media that build up or destroy passivity when in contact with the steel can also be classified by potential measurements. Something can be learned, too, of the effect of alloy additions such as molybdenum to 18-8, known to decrease corrosion of the alloy in chloride solutions. A study of alloys in previous investigations has sometimes included data on the electrochemical potentials. Tammann and Sotterl measured the electrochenlical potentials of alloys of iron-molybdenum and iron-chromium and reperted the critical concentration of molybdenum or chromium at which passivity initiates. Strauss2 made similar measurements for the iron-chromium system. The electrochemical potential3 has also been used to indicate carbide precipitated 18-8. In 18-8, heat-treated to precipitate carbide, active metal exists at the region of the grain boundaries, contrasted with passive metal within the grains, the active metal accounting for a resultant active potential. Several

Jan 1, 1940

By H. H. Uhlig

In our study of the mechanism of and the prevention of corrosion in stainless steels, it was considered of fundamental importance to obtain knowledge of the surface structure of such alloys. If corrosion resistance is due to a self-healing oxide layer, which like a paint film protects the underlying metal, it would be obviously relevant were the effort made to make the film less permeable and more adherent; for example, the surface might be expected to respond to an anodizing process, which is found successful in increasing the film thickness and corrosion resistance of aluminum. However, if passivity and corrosion resistance of stainless steels are due to another cause, the attack of the problem would follow another path. One of the most effective techniques for studying passivity and corrosion tendency is the measurement of the electrochemical potential. Not only can one determine by potential measurements whether a metal is active or passive, but also one can determine the degree of passivity and rate of transformation of passivity with time. Chemical media that build up or destroy passivity when in contact with the steel can also be classified by potential measurements. Something can be learned, too, of the effect of alloy additions such as molybdenum to 18-8, known to decrease corrosion of the alloy in chloride solutions. A study of alloys in previous investigations has sometimes included data on the electrochemical potentials. Tammann and Sotterl measured the electrochenlical potentials of alloys of iron-molybdenum and iron-chromium and reperted the critical concentration of molybdenum or chromium at which passivity initiates. Strauss2 made similar measurements for the iron-chromium system. The electrochemical potential3 has also been used to indicate carbide precipitated 18-8. In 18-8, heat-treated to precipitate carbide, active metal exists at the region of the grain boundaries, contrasted with passive metal within the grains, the active metal accounting for a resultant active potential. Several

Jan 1, 1940

By S. Hamilton

Borates are essential to life, and to many products that are essential to an acceptable standard of living. They occur naturally in seawater at an average concentration of five milligrams of boron per liter. Fresh water lakes, rivers, streams and ground water generally have concentrations of about one milligram boron per liter. Borates are also present in soil at concentrations ranging from 0.1 to three milligrams of boron per kilogram. Because most of that boron is locked into insoluble minerals, clay or organic matter, boron deficiency is more widespread than boron enrichment. Borates evaporate into the atmosphere from seawater, rain, snow and hot springs. In rain and snow, natural boron concentrations range from 0.002 and 0.1 milligrams boron per liter. All told, boron moves through the atmosphere at a rate of 5 Mt to 7 Mt/a (5.5 million to 7.7 million stpy).

Jan 1, 2005

By George A. Koenig

This new departure in assaying is the outcome of a long-felt desire to shorten the time required in muffle-assaying, as well as to do both crucible- and scarifi cation-work in one furnace. The first object in view was the gold-assay, which must always be a combination of the crucible- and muffle-work. The large lead buttons consume much time in their reduction by scorifying and cupelling. The Hoskins gasoline furnaces have been a great convenience, for years past, in that class of practice, where only one assay was required at a time. But even with them I found myself hampered, since the crucible-furnace only takes one crucible at a time, and my practice implies always duplicate assays. Another difficulty was to get the muffle up to the necessary heat and to maintain it at that heat. Whecever I had pumped myself into perspiration and out of breath, the question presented itself, " Is the muffle necessary to do this work properly ?" Hartmann and Plattner and all their blow-piping disciples have shown that very good results are obtainable by playing a direct flame upon the work-lead. Could this be done on the regular muffle-assay scale ? I placed a cupel upon a fire-brick, surrounded it with charcoal, and then played upon it with a Bunsen gas blow-pipe. The result was encouraging. With some care a 2.75-inch scorifier charged with 0.1 A. T. of a 100-ounce ore could be melted down and scorified without any apparent loss. I thought then of constructing a furnace with four blow-pipes in a row; but the combination of gas and charcoal seemed unpractical. Instead, I placed an F crucible, bottom up, in a Hoskins crucible-furnace. Upon this support I placed a charged scorifier. The rapidity with which a very refractory charge melted and scorified was simply amazing to me. Then a cupel was put in the place of the scorifier, the lid was moved sideways, and a blow-pipe was

Jan 1, 1899

By Stephen A. Swan

This Bureau of Mines report discusses research to analyze and evaluate extended bumper systems in order to determine the degree of protection provided to equipment operators in the event of rear-end collisions be-tween off-road rear-dump haulage trucks. The basic characteristics of rear-end collisions were determined, and a detailed analysis of the col-lision dynamics was performed to identify the magnitude and direction of impact loads, the amount of energy that must be absorbed during impact, and the major factors that affect the outcome of a collision. Separate bumper designs were developed to facilitate attachment to four 170-st-capacity haulage truck frame types.

Jan 1, 1987

The results of self potential geophysical surveys conducted over base metal prospects near Orange, Goulburn, and Wellington, N.S.W., indicate that this rapid and inexpensive exploration procedure merits wider application within eastern New South Wales, and in similar environments elsewhere.

Jan 1, 1973

By A. H. Willis

In this paper the results of an exploratory study conducted by personnel of the Knolls Atomic Power Laboratory on 18.6, 22, and 40 wt pct uranium-zirconium alloy will be presented. LARGE power output and long life or endurance from small, compact nuclear reactors require the use of enriched uranium for a fuel material. However, the ability to remove heat from the element, the tolerable fission product concentration, or some physical limitation of the system can limit the allowable fuel enrichment, or the volume of the fuel. In such an event, the fuel-element designer must find a suitable diluent for the uranium. Zirconium is an attractive material for such a purpose as it has good nuclear properties and a low absorption cross section. Because it has a good corrosion resistance in water, zirconium is a suitable cladding and the uranium-zirconium alloy makes a good core material. The alloy has a high thermal conductivity, a low elastic modulus, and a low thermal-expansion coefficient, all of which tend to minimize the thermal stresses in the core. Furthermore, the unirradiated material is reasonably ductile and has adequate strength. DESCRIPTION OF SAMPLES Two types of cylindrical samples were used in this study 1) short, 1/2-to 1-in.-long samples to test the irradiation stability of the alloy and 2) 2-ft-long samples to investigate the resistance of an element to longitudinal deformation. Composite samples having 0.060-to 0.140-in. core diameters and clad with a 0.010-in. thick zirconium jacket were fabricated by coextrusion and by hydrostatic pressure bonding of the cladding to the preformed core material. Both fabrication processes produced the uniform metallurgical core-to-cladding bond which was felt necessary to minimize the uncertainty of the central core temperature. Both consumable-arc and induction-melting techniques were used to melt the uranium-sponge zirconium core alloy. Since a graphite crucible was used in induction-melting this alloy contained more carbon impurity, which resulted in a finer grain size than the arc-melted alloy. The core to cladding interface was uniform in elements coextruded from the fine-grain, induction-melted core material, while those elements fabricated using arc-melted core material had very irregular interfaces because of the coarser grain size. Both cold-worked and heat-treated fuel materials were irradiation tested. Cold-worked alloys were swaged to about a 5 pct final reduction in area without subsequent annealing. The heat-treated alloys were heated to 800°C, held at temperature for 15 min and furnace-cooled to about room temperature. This

Jan 1, 1960

By W. W. Norton

THE gradually increasing proportion of sulphide ores which lead smelters of to-day are called upon to handle has caused the roasting problem to become one of ever greater importance. We may look back a score of years or so and recall the old hand roasters, some of which turned out a finely divided roasted product, and others fashioned with a "fuse-box" wherein the roasted ore was slagged. Then came mechanical furnaces of several types, the Brückner cylinder, the Brown-O'Harra, the Ropp, and others, all designed to cut out the cumbersome hand labor of the old reverberatories. Roasting costs were thereupon reduced and tonnages stimulated to a gratifying extent. However, it seems to have been early recognized that this very feature of a greater amount of roasted sulphide ore as compared with oxide ore brought with it a train of difficulties at the blast furnaces. The mechanically roasted ore was fine physically, the blast furnaces were choked and the troubles of the smelterman were not at an end. Then the Huntington-Heberlein pot system of roasting appeared upon the scene, and later on the Dwight-Lloyd machines were invented, and inasmuch as both of these processes were designed not only to roast the ore but to agglomerate it as well, it was apparent that distinct steps in advance has been achieved. At the Murray plant, modern up-to-date roasting practice is fully exemplified and there are now in successful operation roasting furnaces or devices of several sorts: namely, Godfrey revolving-hearth furnaces, Wedge multiple-hearth mechanical roasters, Dwight-Lloyd. sintering machines, and Huntington-Heberlein pots. Godfrey and Wedge furnaces will properly handle material high in sulphur, say ores with 25, 30, and 35 per cent. of that element; D. &.L. machines and H. & H. pots will positively not treat efficiently ores or mixtures containing anywhere near the sulphur content mentioned, but are confined to charges containing in the neighborhood of 15 or 18 per cent. In passing, it may also be explained that, so far as the knowledge of the writer goes, Godfrey and Wedge furnaces do not economically eliminate sulphur to an extent

Jan 8, 1914

By Franziska Wolf, Rainer Ellmies, Helmut Mischo

"Mining is an important part of the economy of Namibia. In 2016, 11.1 percent of the GDP was the result of mining activities with 22 active mines (The Chamber of Mines of Namibia, 2016). Only one of them consists of an underground mining operation.The global annual production of fluorspar is approximately 5.4 to 6.3 Mt (6 to 7 million st) (U.S. Geological Survey National Minerals Information Center, 2017). Okorusu has produced on average about 45 kt/a (50,000 stpy) in recent years (U.S. Geological Survey National Minerals Information Center, 2015).The Okorusu Mine is Namibia’s only fluorspar mine. Fluorspar was mined in an openpit mine with four individual pits (A-D) since 1980. In 2014, the mine closed due to the increased stripping ratio and beneficiation problems. The mine assets were bought by Gecko Namibia. Currently, Gecko uses parts of the processing plant for beneficiation of graphite from a neighboring mine. Figure 1 shows a panoramic view with the four pits and the mine village.The intent is to develop a concept for the further underground development of the mine. There are still about 6.3 Mt (7 million st) of measured resources left in the deposit, with an average grade of 27.5 percent CaF2. This study focuses on the underground mine design. The above-ground plant and facilities are considered as remaining unchanged.For solving the task to design the mine, a site visit for data collecting was conducted. Resource estimations were calculated based on existing drill data, and consequently, block models were created. The development of the mine design included the selection of the most suitable mining method, mining technology and mine organization. Moreover, some economic considerations are pointed out, followed by a profitability assessment."

Jan 2, 2018

By Wellington Pereira Inácio, Fernando Wypych, Sergio Neves Monteiro, Artur Camposo Pereira, Rafael Marangoni

"The efficiency by which an applied load is transmitted from the matrix to reinforcing fibers in a composite depends on the fiber/matrix adhesion strength. This is determined as the interfacial shear strength, IFSS, which may be measured by means of pullout tests that measure the force needed to pull a single fiber out of a block of material simulating the composite matrix. Different techniques are used to perform pullout tests. The objective of this work was to characterize the IFSS of sisal fibers embedded in epoxy matrix through the determination of the critical length pullout curves. As the main results, a relatively small critical length was found for the sisal fiber/epoxy pullout specimens, corresponding to a weaker IFSS. This was compared to other results applying different pullout techniques. Scanning electron microscopy observation identified the mechanism responsible for the weak sisal fiber adhesion to the epoxy matrix.IntroductionSynthetic fiber reinforced composites is today one of the most successful class of materials with increasing industrial applications from house appliances to large airplanes like the modem Airbus 380. However, environmental issues are revealing serious drawbacks related to the fabrication, use and post-use discard of these composites. For instance, the thermoset polymer composite reinforced with E-glass fiber, known as ""fiberglass"" has an energy-intensive fabrication associated with a surplus emission of C02, which is responsible for global warming [1]. Moreover, the glass fiber is considered toxic and also causes long term pollution after being discarded."

Jan 1, 2011

By George Efremidis, Markos Avlonitis, Elias C. Aifantis, Avraam Konstantinidis

"Nowadays, there is an increasing interest for realistic spring-block models capable of addressing precursor phenomena in catastrophic earthquake-induced landslides. By pre-defining the constitutive law between externally applied stress and induced local strain increments, the dynamic behaviour of the rock/soil slope can be studied by means of the distribution of slip events at the interface between the soil and the bedrock. It is shown that by relaxing the assumption of constant of externally applied stress rate and local strain increments, a robust 2D spring-block model can be formulated for studying triggered landslides. A cellular automaton is built in order to examine the dynamic behaviour and the stability of rock/soil slopes during the initiation of a landslide. The type and nature of the failure plane, as well as the triggering mechanism is studied. The different dynamic evolution modes of the slope can be mapped to specific shape parameters of the corresponding distributions of the incremental displacements. The proposed spring-block model can be used in order to understand, predict and minimize the impact of catastrophic landslides triggered by earthquakes.INTRODUCTIONEarthquakes have long been introduced as one of the major cause of landslides. Earthquake induced landslides are of great importance because they can cause considerable damage and life casualties. Existing analyses can provide landslide concentration, i.e. the number of landslide sources per square kilometer of surface area, as well as the distance from the earthquake source, which is related to the strength of shaking, the slope steepness, which is connected to shear stress, and finally the rock type, which is referred to material strength (Keefer, 1984). In spite of their great importance in social and economic life, earthquake-induced landslides are still considered as an open geotechnical problem. The dependence of the number and distribution of landslides on earthquake magnitude and ground shaking intensities is a crucial factor for the description and determination of the phenomenon. The hazardous types of earthquake-induced landslides, the most susceptible geologic materials and the reactivation of landslides originally triggered by nonseismic activity are some important topics for areas affected by landslides. Most of these areas present an irregular and asymmetric shape with respect to epicenters and fault ruptures, and also show a strong correlation with magnitude (Keefer, 1984, 2000). The number of landslides caused by an earthquake generally increases with increasing earthquake magnitude. Keefer (1984) presented a magnitude scale in order to quantify the number of earthquake-induced landslides. Malamud et al. (2004) have proposed an independent landslide-event magnitude scale on the earthquakes, based on the logarithm of the total landslides number associated with an event. The aforementioned studies try to relate the landslide magnitude scale to the visible effects of the triggering mechanisms."

Jan 1, 2015

By X. Q. Chen

According to the different characters of the middle-low grade bauxite, based on the normal flotation & reverse flotation technology, the author innovates the new technology which is named bi-flotation, it integrates the advantages of normal flotation & reverse flotation, while avoids their disadvantages. Take Henan middle-low grade bauxite as research object, according to the pilot experiment of bi-flotation technology, the concentrate A/S is 9.37 and the recovery of alumina is 80.18% by flotation separate the raw ore which A/S is only 4.19.

Jan 1, 2014