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By Richard M. Tinlin

Some of the practices of the mining industry that may place an undesirable stress on the groundwater environment are coming under increasing scrutiny from legislators and regulatory agencies. Among these practices are mine dewatering, the use of tailings ponds, land rehabilitation, and technological innovations such as in situ leaching of waste clumps and ore deposits. Pernichele, noting that 24 states have enacted legislation controlling to varying degrees the environmental effects of mining, has emphasized the importance of assessing the potential for damage to groundwater when evaluating, planning, and designing mining projects. 1 Illinois has enacted legislation requiring anyone opening, operating or abandoning a mine site to obtain a permit from the Illinois EPA. The law is one of the first to require regular monitoring and reporting to a control agency. Legislation has also been recently enacted at the national level that will have a significant impact on the mining industry; e. g., the Federal Water Pollution Control Act Amendments of 1972 (Public Law 92-500). The stated objective of this Act is to restore and maintain the chemical, physical and biological integrity of the nation's waters. Specifically, according to Sec. 102(a), the Administrator of the U.S. Environmental Protection Agency (EPA) is required to prepare or develop comprehensive programs for preventing, reducing or eliminating the pollution of the navigable waters and groundwaters and improving the sanitary condition of surface and underground waters. The definition of the terms "pollution" and "pollutant" is of particular significance to those who must comply with PL 92-500. The definitions are quite broad and include most of the adverse water quality effects of man's activities. As defined in Sec. 502(19), "pollution means the man-made or man-induced alteration of the chemical, physical, biological and radiological integrity of water." Within the Act, the list of pollutants includes dredged spoil, solid waste, incineration residue, chemical wastes, radioaetive materials, heat, wrecked or discarded equipment, rock, sand, cellar dirt, and industrial waste discharged into water.

Jan 1, 1973

By J. A. Domenico

A safe and precise mineral separation alternative to heavy liquids is being used for mineral sands exploration on large scale orebodies. The separation process, Magstream®, uses ferro-fluids and magnetic and centrifugal forces to produce precise split points over a range of specific gravities from 1.5 to 18.0 g/cc. This paper describes a commercial scale exploration program treating, roughly, 90 samples per day in Senegal (West Africa). Separation results comparing Magstream® and conventional heavy-liquid separation are presented.

Jan 1, 1994

By Alberto Lainati

The Bar Reducing and Sizing Technology has a core function in the value-chain for the production of rolled SBQ (Special Bar Quality) products. The EVO 2+4-roll is based on the compact combination of a 2-roll high-reduction module followed by a 4- roll low-reduction module for precise sizing. The EVO 2+4-roll mill, allows to gain significant technical and economical advantages in the hot- and post-rolling process routes: dimensional and surface accuracy, quick adaptability to processing variances and to small lots requirements, superior technological features of as-rolled product, competitive capex and opex. The EVO 2+4 unit has a very compact design, which makes it suitable both for new mills and upgrade applications.

Aug 17, 2017

By T. H. Chuang, Y. Y. Shiue

"Rapid whisker growth was significantly alleviated in a Sn-58Bi alloy doped with 0.5 wt.% La. Experimental results showed that many thin, plate-form intermetallic phases appeared in the solder matrix. The absence of tin whiskers was correlated to the shape effect of RE-containing intermetallic plates. After reflowing, Cu6Sn5 intermetallic compounds appeared at the solder/pad interfaces of Sn-58Bi and Sn-58Bi- 0.5La packages with OSP pads, which grow linearly during the aging at 75 and 100? for various times ranging from 100 to 1000 h. In addition, the interfacial intermetallics layers in Sn-58Bi-0.5La solder joints were also observed thinner than those in undoped Sn-58Bi joints. However, RE-containing interfacial intermetallic compounds in Sn-58Bi-0.5La solder joints led to lower bonding strengths in both ball shear tests (0.4 mm/s) and high speed ball shear tests (2000 mm/s). All the reflowed and aged solder joints of both packages were ruptured through the solder balls indicating brittle characteristic INTRODUCTIONIt has been widely reported that solder alloys doped with rare earth (RE) elements reveal many beneficial effects, such as higher strength, lower melting point, improved wettability, and longer creep life (Wu et al., 2004; Ma et al., 2002; Chen et al., 2002). In addition, Dudek et al. reported that the alloying with 0.5 wt.% La in Sn-3.8Ag-0.7Cu solders resulted in an increase of rupture strain, up to 150% over undoped solders (Dudek et al., 2006). However, Chuang and Yen observed that a large amount of long, fiber-shaped tin whiskers were extruded out of the oxidized CeSn3 intermetallic clusters in the matrix of a Sn-3Ag-0.5Cu-0.5Ce solder air-stored at room temperature for several days (Chuang & Yen, 2006). Furthermore, many coarse hillocks appeared around the CeSn3 clusters in the RE-doped alloy after storage in an air furnace at 150? for several minutes. Chuang proposed a mechanism for the phenomenon of rapid whisker growth, which the predominate oxidation of CeSn3 intermetallics in Sn-3Ag-0.5Cu-0.5Ce solders induced compressive stress and extruded the tin atoms out of the specimen in the form of tin whiskers (Chuang, 2007). However, further investigation showed that Sn-9Zn-0.5Ce solders, after long term exposure at room temperature and 150?, were immune to the whisker growth; the immunity was attributed to the refining of the CeSn3 intermetallic phase in the alloy (Chuang & Lin, 2008). The inhibition of tin whiskers through the refining of rare earth containing intermetallics was further observed in Sn-3Ag- 0.5Cu-0.5Ce solders doped with 0.5 wt. Zn (Chuang & Lin, 2009). In addition to the size effect, the thin plate shape of intermetallic compounds was also shown in this study to inhibit the whisker growth on the surface of Sn-58Bi-0.5La solders."

Jan 1, 2012

By David A. Benjamin

The USBM (U.S. Bureau of Mines) studied mines, prospects, and mineralized sites in the Roberts WSA (Wilderness Study Area) in 1984. The 15,090-acre WSA, located 35 miles northwest of Eureka, NV, is underlain by alluvial deposits of Quaternary age, extrusive and intrusive volcanic rocks of Oligocene through Miocene age, and metasedimentary rocks of Cambrian through Permian age. The Roberts Mountain Thrust fault cuts through the WSA, dividing the metasedimentary rocks into upper and lower plate rock units. One mine, the Kelley, which produced 397 tons of lead-zinc ore prior to 1940, and two prospects are within the WSA; no resources were identified. Exploration for precious metal deposits is presently being conducted in and adjacent to the WSA on large claim blocks. The study area contains six sites in and near these claim blocks that have anomalous gold and silver. Detailed exploration is needed to delineate resources. High purity silica rocks are present in the WSA. Barite, phosphate, oil shale, and vanadium occurrences just outside the WSA may extend into it, but no such occurrences were observed during the USBM study.

Jan 1, 1986

By Jack Parker, Bert Caverson

More than 6000 resin-anchored bolts have been installed at the White Pine mine, and their performance has proven excellent in both pull tests and "beam" building. With its improved reliability, resin anchorage will permit a more scientific approach to the design of roof bolting systems, and this should ultimately result in both better support and reduced costs. The White Pine mine lies five miles south of Lake Superior in Ontonagon County. Mich. The orebody occurs in gently dipping upper Keweenawan sediments midway between the Porcupine Mountains and the Bergland Hills, both of which are ranges of steeply dipping Keweenawan extrusives and intrusives.

Jan 1, 1971

By B. Panton, J. Carvalho, E. T. Brown

High-capacity, post-tensioned anchors have found wide-spread use in initial dam design and construction, and in the strengthening and rehabilitation of concrete dams to meet modern design and safety standards. Despite the advances that have been made in rock mechanics and rock engineering during the almost 80 years in which post-tensioned anchors have been used in dam engineering, some aspects of the rock engineering design of high-capacity rock anchors for dams have changed relatively little over the last 30 or 40 years. This applies, in particular, to the calculations usually carried out to establish the grouted embedment lengths required for deep, post-tensioned anchors. These calculations which involve a number of aleatory and epistemic uncertainties, usually make simplified assumptions about the distribution and values of rock-grout interface shear strengths, the shape of the volume of rock likely to be involved in uplift failure under the influence of a system of post-tensioned anchors, and the mechanism of that failure. The resulting designs are generally conservative. These aspects of the rock engineering design of large, post-tensioned rock anchors for dams could be improved by making greater use of modern, comprehensive, numerical analyses in conjunction with 3D models of the rock mass structure, realistic rock and rock mass properties, and the results of prototype anchor tests in the rock mass concerned.

Jan 1, 2015

By X. M. Zhou, T. Wu, He X. N.

"In order to study the support effect of concrete in the surrounding rock of a metal mine, the concrete and surrounding rock were comparatively studied. Firstly, the general situation of the ultra-kilometer deep shaft in Xincheng, surrounding rock and geological conditions are introduced. Secondly, the experimental scheme of material mechanical properties of surrounding rock and shaft lining concrete based on same standard dimension and shape are examined, and the mechanical tests of rock and concrete based on different shapes and sizes are carried out. The study shows that the compressive strength value and elastic modulus of the rock cube are 1.28 times and 1.78 times that of the cylinder, and the Poisson's ratio is 0.77 times. The dimensional effect law of the concrete cube and cylinder test data is consistent with the rock law. However, the test results of the concrete are less discrete than the rock; the test also shows that the strength and elastic modulus of the concrete lining of the main shaft of the Xincheng are much smaller than the surrounding rock that is also used as the concrete aggregate, which indicates that the support of concrete lining in the surrounding rock shaft behaved weakly. Based on the development of the modern NATM rock support theory, it is suggested that the mechanical test standard of artificial support materials should be unified into the mechanics test standard of natural rock, which will help to improve the accuracy and practicality of scientific calculation of geotechnical engineering.INTRODUCTIONConcrete and rock mass are usually attributed to a class of materials called frictional materials or geotechnical materials, of these two kinds of materials, the first is man-maded and the second is natural. The attentive scholar can find that there are many differences in the test criteria for the mechanical properties of the two kinds of materials among different industries or departments, reflecting the differences in their sources, tradition, and the application thoery of material strength among them.There is a situation wordwide, that there are many testing standards of the same material mechanical parameters such as elastic modulus, compressive strength, etc. The cube with a side length of 150 mm is adopted as a common sample in the architecture department in China, while a cylinder with a diameter of 50 mm and a height of 100 mm is as a standard specimen in geotechnical department.Knowing that mechanical parameter values are strongly affected by the the size, shape of specimen and loading rate etc, that is to say the mechanical parameter values of the same material are completely different when obtained from different test with different standards. However, such a problem has been long neglected in geotechnical engineering."

Jan 1, 2019

By Ramana G. Reddy, M. R. Bogala

Transition metal silicides have good potential for converting waste heat into electrical energy at higher temperatures. Transition metal silicides are used as thermoelectric alloys at higher temperatures because of their low toxicity, high natural abundance, good transport properties, and better thermal stabilities. In this article, thermodynamic, and thermoelectric properties of promising metal silicides are reviewed, calculated, and compared for waste heat recovery application. Higher manganese silicide (Mn4Si7) was produced from easy one-step self-propagating high-temperature synthesis (SHS) procedure of arc-melting technique. Characterization of the alloy phases were done using X-ray diffraction (XRD). In this study, lattice constants, Vickers microindentation hardness, and thermoelectric (TE) properties (Seebeck coefficient, electrical conductivity, thermal conductivity, and figure of merit) of Mn4Si7 alloy were experimentally determined, and compared with the reported literature values.

Mar 1, 2017

By Earl R. Maize

Epoxy and polyester-type resins were injected into coal-mine roof strata of the thick Freeport coal seam in Allegheny County, Pa., at test sites in roof that had been exposed several weeks, in newly exposed roof, and in strata over solid coal. Test results indicate that the method of strengthening bituminous-coal-mine roof by injecting a bonding material into the roof strata can be developed into a safe, efficient support system. If roof bonding will become a standardized method of roof support and reinforcement or if it can be effective when used with other types of roof support can be determined only by extensive experimentation in various coal beds. Observations and conclusions are shown at the end of this report.

Jan 1, 1959

By J. Venter

The history of firedamp is the same as that of coal: The initial stage was the accumulation of vegetation, which was converted into peat under certain local conditions, then lignite, bituminous coal, and finally anthracite. These deposits ceased to increase owing to inundation that deposited earthy sediment, sometimes as much as several tens of meters (several tens of yards). The vegetable matter, whether it was covered with sediment or not, began to ferment. The basic organic components of the vegetable matter are: Cellulose, lignin, and wax and resin in varying proportions, according to the different kinds of vegetable matter. There are, in addition, some impurities, generally mineral.

Jan 1, 1953

By B. Genc

Safety in South African mines is a subject of significant interest, since many mining companies are experiencing production deficits due to safety-related stoppages. In this paper, safety data from the South African platinum mining sector is analysed for the period 2006 to 2010. The data was obtained from company annual reports as well as the Department of Mineral Resources, and analysis in the study is limited to injury and fatality data only. The overall safety performances of companies in the sector are compared, and opportunities for benchmarking and recognising potential sources of best practice amongst platinum miners are identified. Improving safety usually incurs a cost, and mining companies are particularly conscious of the importance of controlling costs. However, cost considerations often deal only with direct costs, and it has been shown that indirect costs are usually far more significant. Therefore, a greater safety spend will usually result in the creation of value for the mine since it will reduce the indirect costs associated with accidents. The results of some recent research in this area are presented. In this light, where available, the financial performances of mining companies in the sector, obtained from published annual results, are included in the benchmarking exercise to determine whether there is any correlation with safety performance.

Jan 1, 2012

By W. L. Chen

In the United States hydraulic cyclones have been used for thickening, classification and cleaning in coal preparation plants for many years. The cleaning cyclones presently in use are based on using a "heavy medium", such as a fine magnetite and water pulp. The latest addition to cleaning cyclones is the one which uses ?water only?, or simply called "Hydrocyclone". Just as was the heavy medium cyclone, the hydrocyclones were originated in the Netherlands (1, 2). Plants using hydrocyclones were built in Europe (3) and test plants were erected in Canada (4, 5, 6) and India (7). Roberts and Schaefer Company has built four plants using hydrocyclone circuits. One additional plant is in the process of construction.

Jan 1, 1965

By Donald Barton

Geophysical methods of prospecting taken as a whole do not seem to offer much promise to a young man planning to enter them in the future. They have come to stay, to be sure, and they will continue in at least moderate use for a long time. Domestic use of those methods presumably is at a maximum at the present time. Geophysical pros-pecting is expensive; the effects of the law of diminishing returns in efficiency in finding prospects can already, be recognized. Small oil companies, independent oil operators, and royalty buyers have been doing much geophysical work. But in face of the increasing costs of discovery of prospects and in face of the probably decreasing favorability of the prospects discovered, I expect to see a sharp drop in their use of geo-physics within the next 10 years. The major oil companies and the larger small oil companies will continue to use geophysics indefinitely, but it seems doubtful whether the very extensive domestic campaigns of a few companies will be maintained for many years, certainly not for 10 years. The use of the geophysical methods in foreign countries has not yet reached its peak, and probaby will continue to increase for several years. That peak level of activity will probably be held for 10 years, although the site of maximum activity will shift from country to country; by the end of 25 years from now, I should expect the foreign use of the methods to have leveled off to one-fourth to one-half the peak level. Foreign service in geophysics does not seem to offer an attractive career, except for men of exceptional disposition. Young men just out of college, who are willing and who can afford to spend three or four years having a fling at adventure before settling down, will find it attractive, but when their tour of foreign service is over, they probably will have harder work finding a job than when they were seniors, and their foreign experience will count for little, except for further foreign service. A few men, mainly the higher men, will have headquarters at civilized or semi-civilized cities and towns or at permanent oil-company towns, and can

Jan 1, 1938

By John E. Kelley

Laboratory equipment, which simulates abrasive impacts between steel and minerals that might be present during pneumatic transport of coal, was used by the Bureau of Mines to characterize the potential explosion hazard of such collisions in an atmosphere of fine coal dust, air, and methane. A variety of coal mine rock materials, including sandstone, limestone, and pyrite-bearing limestone, were impacted with specimens of pipeline steel. Tests were con-ducted in atmospheres containing zero to 6.4 vol-pct methane mixed with zero to 300 mg/l coal dust. Coal dust in air alone was not ignited by abrasive impacts, but additions of as little as 1 vol-pct methane to the coal dust and air mixture resulted in ignitions. Steel impacting against sandstone caused ignitions in mixtures of coal dust, air, and methane, and the probability for ignitions increased with an increase in methane. No ignitions occurred with impacts of steel on lime-stone or pyrite-bearing limestone, even when large showers of sparks were produced. Studies of the effect of tangential collision velocity showed that no ignitions of coal dust, air, and methane occurred below 900 fpm (4.57 m/sec). Ignitions in coal-air-methane mixtures were found to be caused by a hot friction-induced smear on the impacted rock at the impact site rather than by sparks. High-speed photography was used to verify this observation.

Jan 1, 1976

By R. A. King, B. G. Hunt, C. E. T. White

"This paper reviews the history, occurrence, properties, and uses of indium, and describes the commercial production and fabrication of that metal by The Consolidated Mining and Smelting Company of Canada, Limited (Cominco), at Trail, B.C'. Indium is produced commercially at Trail from dross retreatment furnace D.R.F.) slag, a complex by-product of the lead smelting operations. Furnace feed prepared from this slag is smelted with coke and limerock in an electric furnace. The e1ectric furnace bullion is parted electrolytically, producing a market-able lead-tin alloy containing about 8 per cent tin, and leaving the indium in the anode slime. Recovery of indium from the anode slime involves roasting the slime with sulphuric acid, followed by leaching with water, purifying the leach solution, recovering the indium by sponging with zinc or aluminum, and re-fining electrolytically. This process yields standard grade (99.97+ per cent) indium which is either sold or refined •to high purity ( 99.999 per cent) indium for special uses requiring higher purity metal."

Jan 1, 1959

By F. N. Kissell

The machine-mounted continuous respirable dust monitor (MMCRDM) is a fixed-location area sampling device developed for possible use at the working face of an underground coal mine. This device, based on proprietary technology known as the tapered element oscillating microbalance, has evolved over the past eight years through a cooperative effort of the former Bureau of Mines, MSHA, and the Rupprecht & Patashnick Company in Albany, NY. The capability to measure respirable coal mine dust levels on a continuous basis, rather than depending solely on periodic samples obtained from the traditional coal mine dust samplers, has been a goal in the mining industry for nearly two decades. Recently, an extensive series of laboratory and underground tests was conducted by NIOSH with the cooperation of MSHA and coal operators to test the performance of the MMCRDM In preliminary laboratory testing, the MMCRDM seemed to work well. However, in every underground test, when compared to reference samplers placed close to the inlet, the MMCRDM failed to meet the 25% accuracy criterion specified in the contract under which it was developed. Two reasons explain this failure: First, in most tests the bias (the relative discrepancy between the average MMCRDM concentration and the average reference sampler concentration) was too great. Second, the variability of the samplers used for reference comparison was too large. Finally, the underground testing of the MMCRDMs showed that they are quite unreliable at this stage of development. In the majority of mine tests, no more than 10 shifts of data were taken before the MMCRDM failed to function properly. Major breakdowns, requiring the return of the MMCRDM to the factory for repairs, occurred on average every 28 days. To be considered mine-worthy, MMCRDM reliability must be substantially improved. KEYWORDS Dust, coal dust, dust instrumentation, dust sampling, dust monitoring, black lung, pneumoconiosis

By Robert J. Anderson

"Introductory Statement:In melting the nonferrous metals and alloys for foundry and rolling-mill work, even with the best practice, there is always a loss, due principally to oxidation. Melting losses are a serious source of financial loss in brass and bronze practice, but they are especially serious in the case of aluminum and its light alloys because of the relatively high price of aluminum. The indications are that the melting losses in many aluminum foundries of the United States are at times high, and in some plants (especially where certain furnaces are used) they are entirely too high when compared with the average practice. The fact that the oxidation losses in melting aluminum and its light alloys are high is well known, but it is doubtful whether the factors governing the most suitable methods of melting for a minimum of dross are equally well known. The metal losses involved in melting are worthy of especial attention now because of the rapidly growing importance of the aluminum industry.Factors in the operation of furnaces which affect metal and fuel losses:The essential requirements in the commercial melting of any metal or alloy are that the melting losses should be low, the melting should be rapid, and the melting cost should be low. Certainly it may not be possible to obtain these requirements in any furnace selected at random, and it follows that the design and the operation of furnaces for melting different metals are subjects that warrant the most extensive study and tests. As a general rule, in the industrial operation of furnaces, run on aluminum and aluminum alloys, an effort is made to keep the dross and oxidation losses as low as possible. In attempting to hold dross losses low, numerous factors involved in metal melting may be overlooked, or at least disregarded, and the net practical result may be that the furnace is exceedingly wasteful of fuel. In the case of aluminum and its light alloys, the effect of increasing the temperature of melting, at least in an atmosphere containing free oxygen and nitrogen, is to increase the net melting loss."

Apr 1, 1921

By Robert G. Beverly

INTRODUCTION Standards limiting the annual exposure of United States uranium miners to radon daughters were established in 1967 at 12 Working-Level-Months (WLM). The standard was reduced by a factor of three, to 4 WLM, in 1971. Currently, the standard is again being examined to determine if it should be changed. Since 1967, Union Carbide has calculated individual monthly exposures in company and contract-operated mines located on the Colorado Plateau. Although it has been possible, by extensive ventilation control measures and accurate routine sampling, to meet the current exposure standard, there are many miners whose exposures closely approach the 4 WLM standard for any given year. However, it was noted that for miners who work for any extended period of years the [average] exposure was much less than the standard. The primary purpose of this paper is to show that, in effect, any annual exposure standard to radon daughters results in a long-term exposure considerably below that standard. Further, most miners, due to their job assignments and/or employment habits, only receive a small fraction of the standard. HISTORY OF EXPOSURE STANDARDS Prior to 1967, radiation protection in uranium mines was fundamentally based on a radon daughter concentration guide. In 1960, the American Standards Association published mine and mill radiation protection standards (ASA-1960). The Colorado Department of Mines, in 1961, adoped a standard which followed the ASA Standard and provided that if concentrations exceeded 10 Working Levels (WL), the area was to be shut down until corrective action was taken; if between 3 and 10 WL, corrective action was to be initiated; between 1 and 3, additional samples were to be taken and individual exposures evaluated; and if below 1 WL, conditions were considered to be controlled. In 1967, the U.S. Department of Labor issued the first exposure standard which called originally for limiting annual exposures to 3.6 WLM but which was later changed to 12 WLM. The complicated regulatory developments leading to this standard have been described elsewhere (Beverly-1969, Rock & Walker-1970). Effective July 1, 1971, this exposure standard was lowered to 4 WLM per year, which is the current standard. Over the past year, there has been speculation about the potential risk to uranium miners working at the present standard. A recent NIOSH Study Group Report (NIOSH-1980) concluded: "There is also strong evidence that a substantial risk extends to and below 120 WLM of exposure." The 120 WLM corresponds to a miner working in uranium mines for 30 years, a rare occurrence, at an exposure rate of 4 WLM per year, an even rarer occurrence. On the other hand, the General Accounting Office, in a recent Report to the Congress (GAO-1981), was very critical of reports by NIOSH on general low-level radiation risks. The GAO recognized that”...important questions remain unanswered about the cancer risks of low-level ionizing radiation exposure;" and recommended that Congress enact legislation giving statutory authority to an interagency committee to coordinate Federal research on health effects of ionizing radiation exposure. The International Commission on Radiation Protection at its March, 1980 meeting recommended limiting the inhalation of radon daughters to 0.02 J per year, equivalent to 0.4 WL, which on an annual basis would be 4.8 WLM and noted it is common to reduce this figure by 20% for allowance in the case of uranium miners for external and/or dust exposure(Sowby-1980). This is essentially equal to the present standard of 4 WLM. As earlier uranium miner exposure studies are reevaluated, and as new studies are conducted, it is important that the relationship between regulatory standards and the resulting actual exposures be recognized. UNION CARBIDE URANIUM MINING EXPERIENCE Union Carbide started mining Colorado Plateau uranium-vanadium ores in the late 1920s for the contained vanadium values. In the early 1950s, the Atomic Energy Commission contracted Union Carbide to produce uranium at mills located in Uravan and Rifle, Colorado. The company now has over fifty years of mining experience in the area. Some mines are operated as company mines and others are operated by private mining companies under a contractual arrangement. Ventilation, sampling, and exposure calculations are carried out the same in contract mines as in company-operated mines. Data presented in this report do not differentiate between company or contract employees and include all employees who worked underground any portion of a year in Union Carbide mines from 1967 through 1980. At the peak of uranium mining activities in 1970, there were 577 miners employed at year end (285 company employees and 292 contract) and 52 mines in operation (8 company-operated and 44 contract mines). Contract mines varied from two-man operations up to 15 employees. Company mines were generally the larger operations and employed from 20 to 100 miners.

Jan 1, 1981

By D. A. Newman

The accurate prediction of mine profitability is essential for success in the present minerals market as is the ability to quantify the influence/of variations in revenues and costs on cash flow. A menu based spreadsheet template has been developed to determine annual cash flow, maintain depreciation schedules, and estimate labor and operating expenses. Sensitivity analyses may be conducted to determine the effect of productivity upon mining costs and the effect of selling price escalation upon rate of return. The advantage of this approach is that it can be used by a wide variety of professionals without extensive computer experience.

Jan 1, 1988