Search Documents

By Karl J. C. Harries

"11.1. INTRODUCTIONA royalty is the most common form of interest retained by an owner who is disposing of his property or by a joint venturer who ceases, voluntarily or otherwise, to participate in the joint venture.1 Rarely does a non-participating party have a direct interest in the property and/or assets of a project, except during the period when a non-participating joint venturer may be having his interest diluted.2 In fact, it is most unwise to permit a non-participating party to have such an interest. It may give rise to significant problems that could prevent or substantially delay the development of an orebody and require a considerable amount of time, effort, and money to correct.3In negotiating a royalty, it is important to be aware that there is no law or convention that says, “You just don’t do that in a royalty agreement.” As with any agreement, inventiveness and flexibility on the part of the negotiator are not just assets, but virtual necessities. It is also for this reason that it is essential to read the royalty provisions, particularly the definitions, fully and carefully, especially if you are the recipient. On the other hand, if your inventiveness and flexibility cause your accountant to question the advisability of one of your ideas, pay close attention to him.4 He will, no doubt, have had experience with many royalties, and no competent professional adviser disparages a client’s ideas without good reason. Besides, he will probably be the person who will be determining the royalty or certifying the determination of it. At the very least, he will be auditing your general financial statements, which must, of course, reflect the royalty determination. Heeding his advice not only may make the determination easier but also will probably save you money in professional fees later on. Nevertheless, do not simply accept his comments or recommendations without understanding what they mean, why they have been made with respect to your royalty agreement (sometimes professionals have comments that they make as a matter of course and, even though they may be valid, you should require them to be justified to you), and how they will affect your royalty determination.It is surprising how many corporate payors insist that their standard royalty provisions5 be used as a matter of policy, thereby effectively tying the negotiator’s hands. It is even more surprising, and to professional advisers frightening, how many of the senior employees who insist that such a policy be adhered to, virtually without variation, do not know what is in the standard provisions and would be hard-pressed to explain them to a property owner. If standard provisions are appropriate, by all means use them, but do allow experienced and sensible negotiators some flexibility and make sure that everyone within the corporation who may have to use such provisions – negotiator and supervisor alike – knows what they contain and why they are as they are. For example, there are often good and convincing reasons to describe a deduction in a certain way or to include a certain specific type of deduction. On the other hand, quite often the answer to the question “why?” is that “it has always been there”; this is, or should be, an unacceptable answer. In any event, if you, as the negotiator, appear to know what you are talking about, are familiar and comfortable with your royalty provisions, and are backed up by your boss with the same words or reasoning, a property owner cannot help but be satisfied that you are knowledgeable, even if he still does not agree with your provisions. Finally, if you do use standard provisions, make sure that they are reviewed and updated regularly."

Jan 1, 2003

By W. B. Paton

Introduction For several reasons the accident history of Flin Flon has been quite unlike that of any other mine in northern Canada, and very much unlike that of the average American metal mine. Towards the end of 1928, the mining project that is now Flin Flon, and that is now in the very: forefront of Canada's big producers was launched; but, metaphorically, it was launched in a tempest of mining troubles. Each branch of the mammoth enterprise was beset with extraordinary difficulties, and the Safety Department had its relative share. Difficulties in Accident Prevention The unusually rugged contour of the plant site made roads, and even moderately safe pathways, out of the immediate question. The project established an industrial outlet for depression-stricken areas which hitherto had been essentially agricultural; but through that outlet poured labour whose working atmosphere had been the bald prairie, labour that knew nothing of safety consciousness, labour that had to be moulded to industrialism, labour in the raw. A considerable length of the ore-body lay under the eastern section of Flin Flon lake. Open-pit methods were adopted to work the upper limits of the ore-body, and consequently the eastern section of the lake had to be dammed and pumped dry. The subsequent difficulties and hazards created by silt deposit cannot be fully visualized. And, finally, there was a geographical hindrance: the ore-body was partly in the Province of Manitoba and partly in the Province of Saskatchewan. The workmen's compensation problem became intricate. Insofar as accident prevention is concerned, Flin Flon's young industrial life may be conveniently divided into three distinct periods, namely: (a) Construction (Nov. 1928-June 1930) (b) Tuning up, and production till the strike (June 1930-June 1934) (c) Production from the strike till the present time At the peak of construction, due to the usual labour fluctuations of big jobs, there was a weekly turnover of about a hundred men. A very large percentage were Central Europeans, most of whom could neither read nor write English. Consequently, an organized safety programme was out of the question.

Jan 1, 1935

The 3.5 million tones per annum Enterprise mine is the newest underground copper mine at Mount Isa in northern Australia. At a depth of up to 2000 metres, it is the hottest and deepest mine in Australia. In situ rock temperatures sometimes exceed 60¦C requiring the installation of substantial amount of refrigeration to provide safe working conditions for mine workers. The latest refrigeration project at the mine, R67, required the design and installation of the worldÆs largest bulk air cooler and AustraliaÆs largest chilled water plant. The plant is mounted on the surface of the mine and provides 25 MW of refrigeration to cool some 580 kg/sec of ambient air to 11.4¦C. This is equivalent to the production of 6300 tonnes of ice per day. The plant was designed for high availability, as any downtime would result in substantial production losses to MIM, and also had the potential to quickly result in unsafe levels of heat stress within the underground workplaces. The bulk air cooler has been designed for a capacity of 34 MW(R), the expected ultimate carrying capacity of the 7 m vertical intake shaft. Being located well inside the tropics, technical issues such as control of thermal pulldown required special consideration. Also, the bulk air cooler had to be designed to handle whatever demand for fresh air was imposed by the mine below, with over 100 per cent variations in airflow expected, and without loss of thermal efficiency. A substantial program of risk assessment and HAZOP studies was used to protect underground miners from leaks of ammonia into the air or water circuits. Fully automatic control systems result in a totally unmanned plant that is supervised remotely. To improve efficiency, the plant is controlled by the outlet air temperature from the bulk air cooler û the first in the world to be controlled in this fashion. Engineering solutions to address environmental considerations were incorporated at the design stage through features such as the use of ammonia (a greenhouse-friendly gas) as the refrigerant, zero atmospheric discharge and a wastewater collection and re-use system.

Jan 1, 2002

By S Robertson, I Buitrago

Mine life cycle planning and enduring value are taking centre stage to meet corporate goals and deliver socio-economic outcomes for communities over the life of a mine. There is a general agreement in the literature about mining-induced effects on locals adjacent to mining operations and subsequent closure. In response, international regulatory bodies, through the implementation of global agendas, encourage exploration and mining companies to embrace the concept of corporate social responsibility. This concept is designed to provide sustainable outcomes and maintain a social license to operate over the life of a mine. This paper proposes a practical application of the sustainable livelihood approach as a tool for international planning. With this approach as the governing framework, this paper proposes an innovative tool for mine life cycle planning. Based on the findings, this paper discusses the socio-economic impacts of mining and mine closure. It also argues that transferring some of the benefits from mining to create lasting value for communities needs to be considered at the initial stages of planning for the mine and the community. Findings also indicate that conditions such as a strong local government, good governance arrangements, relevant capacity-building for sustainable livelihoods and a diversified economy are important to transferring some of the benefits from mining to create lasting value for communities. The paper is based on a mixed research technique for data analysis and a case study methodology. The case studies were conducted in Australia and Colombia.CITATION:Buitrago, I and Robertson, S, ?2014. Mine life cycle planning – creating lasting value for communities, in Proceedings Life-of-Mine 2014 , pp 301–312 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 16, 2014

By T. W. Quayle

This paper describing mining practices at the United Verde copper mine, Jerome, Ariz., is one of a series being prepared by the Bureau of Mines on mining practices, methods, and costs in the various mining districts f the United States. At present mining operations are being conducted both underground and by electric shovels in an open pit. The open-pit work has been described by E. M. J. Alenius in a previous publication of the Bureau of Minos;3 the present paper will be confined to a description of the underground mine. The underground methods comprise horizontal cut-and-fill, shrinkage with delayed filling, horizontal square-set, inclined square-set, and top slice. The normal daily production of the underground mine is 3,000 tons of copper ore per day, requiring the employment of 900 men underground.

Jan 1, 1931

By Albert Wraith, Thomas Price, Wayne Boyd, Skip (I. E. ) Hills, Cameron Harris

Most Peirce-Smith converters inject air through tuyeres, with nitrogen representing the majority of gas passing through the process. The nitrogen controls the temperature of the vessel by carrying away heat from the reactions, both globally and locally at the tuyere tip. However, nitrogen adds energy to the bath and contributes to splashing and limits the blowing rate. High oxygen smelting has made streams of gas containing high concentrations of sulphur dioxide commonplace, which can be used to substitute SO2 for nitrogen and drastically changes Peirce- Smith converting (and all other smelting/converting processes as well). Less SO2 is required to carry away the same quantity of heat, which allows higher concentrations of oxygen and leads to the possibility of increased production. The paper investigates this substitution, its impact on converter productivity, and on the remainder of the plant. 181

Jan 1, 2009

Gravity gold recovery has been practiced for thousands of years, making it one of the oldest forms of mineral processing. Gold is 19 times heavier than water although the barren rock is generally only 2.7 times heavier. Any potential gold ore needs to be characterised to assess its amenability to a gravity recoverable gold (GRG) process based on well planned and executed test work. Scale up considerations need to be considered in designing a gravity circuit. The economic impact of a gravity circuit should be justified based on the installed cost and likely benefits. Maximising gravity gold recovery results in a faster cash flow, lower operating cost per ounce and higher overall gold recoveries compared to the several weeks required to recover gold adsorbed onto carbon. The advent of centrifugal concentrators such as the Knelson and Falcon, coupled with intensive leaching of concentrates (ILR), has revolutionised gravity gold circuit designs. Considerations associated with the sizing of the centrifugal machines and the percentage of the circulating load (bleed) that should be processed is discussed in this paper. The trends with gravity circuit layout, engineering, as well as optimum dumping cycles, are important areas which require close consideration. Key aspects of these are presented in this paper. There are a number of circuit configurations to be considered, including the integration of different gravity concentrators. Other gravity process design considerations such as fewer modules, the effect of equipment size and enhancement of process efficiency using preconcentration, together with factors that affect OPEX and CAPEX are addressed. Practical considerations of maintenance, security from theft, minimisation of risk and water balance considerations are discussed using different equipment and circuit configurations. The trend towards using gravity recovery in flotation plants is also reviewed. A number of examples are cited and good design aspects highlighted.

Aug 1, 2010

By Joseph P. Nugent

The new combination gypsum plaster and gypsum wallboard plant of Compania Industrial Kaiser S.A., the first of its kind in Mexico went into production in April of 1969. This was approximately fourteen months from the signing of the formal order for the plant and equipment. Compania Industrial Kaiser S.A. is an affiliate of the Kaiser Gypsum Company in the United States and will market practically the same line of products and to the same standards as those produced in American plants. Located in the City of Puebla, the plant will readily service the major Mexican sales areas. It is approximately 85 miles away from Mexico City on a modern, four-lane, divided highway and distribution to other major consumer areas can be readily effected by the use of a good highway system, as well as, by rail. This, plant is the, sixteenth Gypsum Wallboard Mill supplied abroad by my company, United States Wallboard Machinery Company. Other installations are in Australia, New Zealand, Chile, England, Scotland, Ireland, Finland, South Africa, Latvia and Germany. Two new mills are on order; a small unit for Brazil and a comparatively large unit for New Zealand. All these mills have one thing in common with plants in the United States and Canada; they are equipped with standard, time-proven and tested equipment and they are designed in accor¬dance with the latest engineering thinking in order to produce efficiently, the highest quality product at lowest cost. They differ generally in the size of plant, the factors that brought them into being and in the market that they supply. I believe that these differences will be of interest to you.

Jan 1, 1969

By M. D. Loy

In addition to products available from private vendors, many useful programs are developed at universities - in fact, many of these programs led the way to commercial development. Other projects are assigned to consultants with backgrounds in system design and mining. Both types of development have led to programs that can be acquired for the cost of a tape or disk. This paper highlights several underground mining packages. These programs consist of: ? USBM model-developed by the United States Bureau of nines. ? PSU model-developed by Pennsylvania State University. ? VPI model-developed by Virginia Polytechnical Institute and State University. ? NUS model-developed by NUS Corp.

Jan 1, 1987

By Peter G. Mason

Over the last 15 years numerous Pressure Oxidation and Pressure Leach plants have been installed throughout the world. The technology is no longer regarded with awe and trepidation as plants designed to treat a wide range of feedstocks continue to be successfully brought on line. Important aspects of the design of such plants include feed preparation, slurry pumping, heating and heat recovery, pressure control and let-down, vessel design, safety and provision of associated services.

Jan 1, 1999

By S. Liu

With the development of global economy, the demand of mineral?s quantity and quality are in-creased, valuable minerals are more and more finer and poorer, and the capacity of concentration plant are more and more high. Using large-scale flotation cells can obviously enhance the capacity of treating the mineral, reduce the cost, and increase the economic benefit and competitive ability for the enterprise. BGRIMM advanced advisable technical scheme with optimally parameter and route for the feature of dynamic in large scale flotation machine, and developed the KYF Large Scale Flotation Cells, which have used more than 400. The paper advanced the history, the design principle, the operating principle, the structure feature and the application of KYF flotation ma-chine.

Jan 1, 2014

By Amri Priambodo, Ian Leslie, Valérie Laflèche, Agustina Ratnaningrum, Robin Paine, Andrianus Sinaga, Willem de Beer

Freeport Indonesia consists of surface, civil and underground mining areas exposed to numerous geotechnical risks and hazards. PTFI uses various monitoring systems (Micro-Seismic, Firefly Light System, Mira Geoscience machine learning, etc.) to effectively manage these risks. The significant volumes of data from these sensors must be integrated into actionable information to provide the expected risk management. This occurs at the GeoEngineering Integrated Monitoring Centre (GIMC), a centralized department within the GeoEngineering Division, tasked with the responsibility to manage all geotechnical monitoring systems. The main hazard the GIMC is responsible for managing in real time is mine seismicity within the underground mining areas and the potential impacts on safe operations. Seismic system engineers achieve this objective through 24 hours a day and seven days a week operations of the GIMC, providing a centralized point of communication, alerts, evacuations and control during seismic events and emergencies. This paper will describe how the GIMC achieves its goal using reliable procedures and strategies based on detailed Triggered Action Response Plan (TARP), concise communications, novel technologies (FireFly Lighting System), and proven seismic re-entry programs to manage risk within the underground mining operations. The integration of geotechnical monitoring and reporting into a centralized group has improved the effectiveness and management of seismic risks and hazards at PT Freeport Indonesia (PTFI) mining operations.

Apr 26, 2022

By Raja V. Ramani

Worldwide, promulgation and enforcement of health and safety laws and regulations have been the primary means of ensuring minimum and uniform standards of health and safety in the mining industry. In U.S. coal mines, a new era was ushered-in in 1969 for the control of health hazards from respirable coal mine dust. Since then significant progress has been made on all aspects of the respirable dust problem-its definition, monitoring, reduction, and control. In the intervening years, our ability to monitor, analyze, and characterize the mine atmospheric environment and the health of miners has increased many fold. Also, advancements in production technology have far outdistanced enhancements in environmental control technology. Therefore, questions are continuing to be raised on the adequacy of the characterization and control measures with regard to both the airborne respirable dust in mines and the health effects of respirable dust. Late in 1995, the Secretary of Labor appointed an Advisory Committee on the Elimination of Pneumoconiosis Amona Coal " Mine Workers (Dust Advisory Committee) to review the progress towards elimination of coal worker's pneumoconiosis (CWP) and silicosis, and in the program to control respirable coal mine dust in underground and surface mines, and make recommendations including improved standards and other appropriate measures for the control of exposure to airborne coal mine dust. The Committee's report was released in October, 1996. In this paper, a summary of the recommendations of the Committee is presented. A brief discussion of the background, and the issues and findings leading to the recommendations is also presented. The Committee concluded that the progress made towards making mines safer from the health hazards of respirable coal mine dust is substantial but that it is not sufficient to achieve the intent of the 1969 Coal Act. The Committee's recommendations encompass a wide range of issues addressing permissible exposure limits (PELS), sampling, dust control plans, hazard and medical surveillances, role of miners, training, and research and development.

Jan 1, 1997

By M. R. Grundy

The Robinson project is based on the porphyry copper and gold deposits in the Robinson Mining District, near Ely in Eastern Nevada. The district was mined from the late nineteenth century to 1978 by Kennecott Copper Corporation and its predecessors. Operations ceased when falling copper prices in the late 1970's made their outdated mill and smelter complex at McGill uneconomical. In October 1991, Magma Copper Company (Magma) acquired the many claims that cover the known porphyry copper deposits in the district These occupy a disturbed area about nine miles long and three miles wide between the towns of Ely and Ruth. Magma proposes to build a copper / gold mine and concentrator and expand the existing gold leaching facilities. Several pits, previously mined by Kennecott Copper Corporation, will be enlarged; the use of larger, more modem equipment will result in higher productivity and lower operating costs in general. ICF Kaiser Engineers, of Oakland, California, were awarded the con-tract for detailed design of the process facilities, which was essentially complete by the end of 1993. The project at present is awaiting completion of the environmental permitting process; state air and water permits are in hand, and the Bureau of Land Management's (BLM) current schedule indicates that the final obstacles to construction will be cleared by early fall of this year.

Jan 1, 1994

By Armin W. Stuedlein, Jim Zammataro, Bernie Hertlein, Daniel Belardo, Qiang Li, Antonio Marinucci

"An experimental program focusing on four drilled shafts was conducted to determine the effect of high strength steel reinforcement bars on lateral resistance, steel casing on axial and lateral resistance, and steel casing without internal reinforcement on lateral resistance. Thermal Integrity Profiling (TIP) Thermal Wires and crosshole sonic logging (CSL) access tubes were installed in each shaft, and thereafter the corresponding non-destructive testing (NDT) was performed on each shaft to assess the integrity of the shafts and to compare the results from the different NDT methods. The results of the CSL tests using scored PVC tubes are compared against those conducted in 73/56 fully-threaded steel hollow bars, whereby the results indicated that the threaded bars served as a good host for performing the CSL tests. The data from the TIP Thermal Wires is compared against the results from the CSL tests for each of the four shafts, and the similarities and discrepancies between the two methods are discussed. This paper will serve as a reference to those interpreting the measurements and data obtained by performing nondestructive integrity tests on drilled foundations.INTRODUCTIONNon-destructive tests (NDTs) embody a set of critical tools for the evaluation of the integrity of constructed deep foundations, particularly for cast-in-place foundation elements. Construction defects may require the rejection of the foundation element by the owner’s representative, resulting in costly repairs or replacements and delays to the project schedule. The use and appropriate interpretation of the results from the NDTs provide the information required when evaluating the integrity of these constructed elements. A cooperative research program was conducted to assess the effects of various construction variables on the axial and lateral performance of drilled shaft foundations, which provided an opportunity to compare the established Crosshole Sonic Logging (CSL) test method to the newer Thermal Integrity Profiling (TIP) Thermal Wire method. This paper presents an overview of the experimental program performed at the geotechnical test site at Oregon State University (OSU), details of the CSL and TIP installation and testing methods, and the results of the NDTs on the constructed drilled shafts. Because one of the shafts was constructed with fully-threaded longitudinal steel hollow bars, this experimental program also allowed the assessment of the use of the hollow bars as access tubes for the CSL tests. Both the CSL and TIP test methods indicated that the shafts were of good quality and free from defects or anomalies; the data obtained using the TIP method also provided an estimate of the as-constructed shaft diameter and the reinforcement cage alignment, which will prove helpful when back-calculating axial and lateral load transfer during future loading tests."

Jan 1, 2016

By Eric Jacobs

"Building and operating tunnels has been a highstakes endeavor in terms of costs, complexity, safety and impact on contractors, owners and the public for a long time. There are many variables that need to be closely monitored and managed to construct a tunnel on-time, on-budget and safely. Once built, there are also many elements that need to be monitored and managed to operate a tunnel safely and efficiently.Fundamentally, the risks to the safe and efficient construction and operation of a tunnel are a function of the degree of harm and the likelihood of the harm occurring. From a cyber security perspective, risk assessments used to inform decision makers and support risk responses are typically based on identification of relevant threats; internal and external vulnerabilities; the impact that may occur given the potential for threats to exploit vulnerabilities and the likelihood that harm will occur. This article focuses on creating awareness of vulnerabilities associated with technology used in tunnel construction and operation and some of the challenges associated with remediation of these vulnerabilities. As we all know, technology has been evolving at an accelerating pace and infiltrating every aspect of our lives in new and often exciting ways. In the world of tunneling, sensors and systems that provide position and time have become accurate, rugged and cost-effective enough to come out of the research labs and into the equipment and systems used every day. There are many opportunities to employ connected computing devices and sensors to costeffectively capture, integrate and analyze key data with minimal latency to manage risk better, improve safety and avoid surprises."

Jun 1, 2019

By John F. Dougherty

Recently, there has been much debate as to the relevance of reporting financial results using the conventional accounting systems, which is based on historical costs, during a period of rapid inflation. In the following paragraphs , the symptoms, if not the causes, of inflation, its detrimental effect on the financial soundness of business in general and the financial reporting changes being advocated to overcome perceived weaknesses in the present financial reporting system in accounting for the effects of inflation will be reviewed. Finally, a course of action as a sound approach to the financial reporting problem will be recommended.

Jan 1, 1978

By I. AITKENS

Turquoise is prized solely for its attractive color ; it is dull and opaque , wholly lacking the brilliant luster that is the chief attraction of transparent gems . The best quality of turquoise is blue , of a soft and pleasing tone , like the color of clear sky but distinctive , as indicated by use of the term " turquoise blue . " Often its value is lessened by a greenish cast ; in many stones the green predominates . A large proportion of the turquoise that is mined is utterly worthless , so inferior and unattractive is its color . The finest grade of turquoise comes from Persia , notable from Nishapur . Large quantities have been mined in the Southwestern States of the United States , and less important deposits have been found in a number of the other States .

Sep 1, 1931

By A. Moyano

The development of the traditional converting process performed in a PeirceSmith or Hoboken converter is limited by the investment magnitude associated to the fulfillment of the environmental regulations. Thus, the continuous converting process rather than a conceptual process alternative is becoming a necessity for a smelter facing limited converting capacity and/or lacking of fulfillment of the environmental regulation with its maximum converting capacity. The objective of this paper is to present the progress of the Codelco continuous converting process evaluated at pilot-scale level when converting solid mattes or white metal into blister copper. These tests allowed for gathering of relevant data to be considered for a new stage of evaluating the Codelco continuous converting at industrial-scale test. The pilot-scale tests were done in a Teniente Converter pilot scale unit at the Codelco Norte Smelter. The results of processing solid copper mattes (65-75% Cu) and producing low sulfur content blister copper with production of a constant S02 gas concentration, and the production of liquid slag with low copper solubility was achieved and is discussed in the present paper.

Jan 1, 2007

By R. A. Hill

A brief explanation of the theoretical functioning of a regenerative system followed by its application to firstly, shuttlecars and then continuous miners and its effect on performance thereof with regard to handling, production and safety.

Jan 1, 1986