Search Documents

By Kyle Wightman

INTRODUCTION CRA Limited is the largest mining group in Australia by value of sales and the second largest company in Australia in terms of share market capitalisation. In the past 25 years, CRA, its predecessors and affiliates have been involved in a number of mining and further processing developments in Australia and elsewhere. Many of these have been financed using project financing techniques. These include Comalco's development of the Weipa bauxite deposits in Northern Queensland in the late 1950's, the Hamersley iron ore developments in the Pilbara region of Western Australia in the mid 1960's, the Queensland Alumina Limited alumina refinery in Gladstone, Queensland, at about the same time, and the Bougainville copper project in 1969/70. In the past three years CRA has again utilised project financing techniques to fund its Tarong steaming coal project in Queensland, the Blair Athol steaming coal project also in that State and CRA's interest in the Argyle diamond project in the Kimberley region of Western Austrlia. PROJECT FINANCE DEFINED Nevitt Definition Nevitt's is the most frequently quoted definition - "A financing of a particular economic unit in which a lender is satisfied to look initially to the cash flows and earnings of the economic unit as the source of funds from which a loan will be repaid and to the assets of the economic unit as collateral for the loan." Risk and Balance Sheet Treatment It is important to focus in more detail on two aspects of project financing, risk and balance sheet treatment. The assessment of the various elements of risk in a project and the sharing of that risk between sponsors and lenders is the most critical feature. At one end of the spectrum is full absorption of risk by the sponsor(s). This can be described as "on risk" or "on credit" or "full recourse" to the sponsor(s) and is effectively a corporate financing. At the other end of the spectrum the lenders absorb the whole risk in a non-recourse financing which is "off risk" or "off credit" for the sponsor. The other aspect is the sponsor's balance sheet treatment. If the balance sheet of the economic unit undertaking the project and the financing need not be consolidated into the balance sheet of the sponsor (because ownership does not exceed 50%) then the financing may be described as off-¬balance sheet. If consolidation is required then the financing is described as on-balance sheet. Most project financings involve some recourse to the sponsor, i.e. they are limited recourse. Very few are non-recourse or off credit to the sponsor. Limited recourse financings may be on-balance sheet although many may also be off-balance sheet insofar as consolidation is concerned. However, sponsor support may very well be a contingent liability to the sponsor and require disclosure by way of note to the balance sheet should consolidation not be required. CORPORATE FINANCE CONTRASTED A financing which is on credit or full recourse to the sponsor, whether it is directly borrowed or guaranteed by that sponsor, is a corporate financing. Lenders will tend to base their credit assessment on a historical assessment of the sponsor's activities and its financial results rather than an assessment of the project or a detailed assessment of the future activities and prospects of the sponsor. PROJECT FINANCE - A BORROWER'S PERCEPTION Although CRA could choose to arrange all finance on a corporate basis (except perhaps for the very largest projects or acquisitions), project financing techniques provide a number of specific advantages which CRA has noted and which should be carefully considered by a project sponsor. Advantages

Jan 1, 1985

By Arno C. Fieldner

This is the fifth of a series of annual reports4/ of technologic investigations conducted by the Bureau of Mines on the occurrence, properties, mining, preparation, and uses of coal. The research of the Bureau is carefully coordinated with the requirements of the producing and consuming industries, with a view to conservation of resources of coal in mining and use, and conservation of the health and lives of workmen employed in these industries. Such coordination is facilitated by the wide range of specialization of the several groups on engaged in studies concerning coal. Here are reported correlated studies ranging from paleobotanic analysis of the formation of coal as it occurred some millions of years ago to the effect of mechanical methods of mining on present-day employment in mines. As this is a summary of the current work of the Bureau of Mines, so the Bureau likewise has provided a condensed review of the outstanding current work of others on research and technology of coal 5/.

Jan 1, 1940

By D. Campbell Mackenzie

THIS paper is submitted primarily to put on record the results of a number of experiments carried out at the Wingdam mine of Consolidated Gold Alluvials of B.C., Ltd., with the object of establishing a reliable method of concentration of 'wash' and a maximum recovery of gold from the concentrate. It will be generally admitted that, during the last two decades, a tremendous amount of research work has been carried out, both by private companies and Government departments, with a view to improving the technique of the recovery of gold .from quartz veins or lodes. So thorough have been these investigations that milling practice at a modern quartz gold mine is almost an exact science, carried out with meticulous accuracy. In placer mining, on the other hand, very little departure from old traditional methods can be noted, with the exception perhaps of the more modern gold dredges. This may be due to the fact that the concentration of placer gravels, up to a certain point, is comparatively easy. Only a simple equipment of sluice box and riffies seems necessary where the gold is coarse and the gravel free from clay. In the early days of placer mining, when claims were rich and fairly 5hallow, nobody worried very much about fine gold; and, if clay was present, an enlarged dump box was constructed in which the gravel was subjected to a rather desultory puddling. That large quantities of gold are lost in normal placer practice is generally admitted. Some 26 years ago, I had inspectorial charge of many bucket dredges on the Ovens river, in Australia. Occasionally it was necessary for a dredge to work through its own tailing to reach a new section, and almost without exception enough gold was recovered from these tailings to defray the total cost of moving the dredge. Since those days, the technique of gold recovery in dredging has been considerably improved and it is still receiving close attention. Outside of dredge mining, most placer operations, deep or otherwise, are as they were-notorious gold losers, paying little attention to the recovery of fine gold and taking an absurd amount of time over each clean-up. In the Cariboo district of British Columbia, the alluvial gold is usual y associated with varying quantities of black sand (magnetic) and grey sand (non-magnetic); and it can be taken as axiomatic that, if you save all the black sand and grey sand, you save practically all the gold. It is on this hypothesis that we have carried out our research work and brought our recovery system up to its present highly satisfactory standard.

Jan 1, 1937

By Francesco Toschi

The Special Bar Quality family comprises a wide range of steel grades, mainly requested by the automotive, energy and engineering sectors, for applications where significant performances are required (eg. stresses, temperatures, working cycles, etc.). To meet these requirements it is necessary to reach a precise control of both the mechanical characteristics and metallurgy structures along the whole production chain. For semi-product with large dimensions, such as equivalent diameters around 300 mm, this is traditionally obtained through a manufacturing route which comprises the casting in ingots followed by reheating, forging and rolling. After 2010, new processes were investigated and technologies developed to replace the ingot route with a continuous casting followed by controlled high-reduction rolling. In these processes a seamless integration of CCM with rolling is implemented so to obtain the precise control of material flow, applied deformation and working temperatures. By using the proper combination of rolling diameter, speed and applied reduction, a very good control of the metallurgy structure across the whole section can be obtained, so to also remove the internal discontinuities ("voids") generated during the continuous casting. These processes, which can be defined "forging-like", are applicable to several grades also with large semi-product dimensions (300 mm and more). Besides, removing the ingot route means increased yield and productivity, which is very beneficial to the economical management of the plant. An example of this "forging-like" process is represented by the high-reduction blooming stand installed by Acciaierie Venete in the Padova-Camin mill. This article describes its main concepts as well as its technology and process features.

Oct 30, 2017

By M. B. C. Brandt

Richter magnitudes for seismic events were calibrated for use as a Local magnitude scale in the West Rand (WR), Far West Rand (FWR), and Klerksdorp–Orkney–Stilfontein–Hartebeesfontein (KOSH) gold mining areas. Richter magnitudes are currently calculated from seismograms recorded by local surface cluster networks using tabulated calibration values for Southern California, published in 1958. The Richter (1958) model is incorrect for distances of less than 30 km and should be applied only to crustal earthquakes in regions with similar attenuation properties to those of Southern California. When compared to the South African National Seismograph Network (SANSN), the cluster networks, on average, overestimate seismic event magnitudes by approximately 0.1 of a magnitude unit. A calibrated Local magnitude scale was derived by means of a multiple regression analysis between the Local magnitudes reported by the SANSN and the largest zero-to-peak trace amplitudes measured on the cluster network horizontal seismograms, after modelling the attenuation of the seismic waves as these progress from the epicentre to the station position. Magnitudes reported by individual stations for the same event show a significant scatter around the average magnitude owing to the near-surface amplifications of the seismic waves at the recordings sites. Average magnitude should be estimated using as many magnitudes of individual stations as possible to ensure an accurate estimate. Larger event magnitudes should be compared with those recorded by the SANSN.

Nov 1, 2021

By John H. White

As production of ground limestone increased our Company found it had an enviromental problem with limestone dust from our hammer mills. With the quarry and processing plant situated within 1 klm of a small township of 5000 people dust collection became essential. Regulations under the Clean Air Act 1972 also had to be complied with. Prior to this any demand for lime flour had been met by the use of a small drier and ball mill. Both expensive to operate. Dust emitting from the mills would amount to over 4000 tonnes per year. The cost savings were obvious. We had a better product which was essentially a by-product. Faced with a surplus of a very useful, but difficult product to handle we considered the possibility of disposing of it on the agricultural market.

Jan 1, 1982

By Louis A. Turnbull

An investigation of coal deposits near Cerrillos Santa Fe County, N. Mex., was undertaken 14 the Bureau of Mines in 1943 as part of a general program to determine sources of metallurgical coal for western steel plants. Almost all of the coal used for metallurgical purposes west of the Continental Divide Is mined from the Lower Sunnyside bed in, Carbon County,, Utah. Coke used in western steel plants that is produced from Lower Sunnyside a coal is weaker, structurally, than coke used elsewhere in this country. For this reason, western coal operators and steel manufacturers are anxious to develop new areas of coking coal of better quality then the coal produced from the Sunnyside bed. The objective of investigations of western coals was to (a) develop additional reserves of coking coal to supplement proved reserves in the Sunnyside bed. and (b) develop; if possible, reserves of coal with coking quantities superior to those of Lower Sunnyside

Jan 1, 1951

By C. T. Shaw

Fur a secure mineral supply position to be maintained in the Fiuropean Community there must be a supply of qualified people in the minerals industries. The education of the people required to run and develop these industries should be a priority in the community. This means that there should be a strong capability in mining engineering education. The mining engineering professors decided in 1990 to get together in a new Society to discuss the problems. The Society of Mining Professors/Societat der Berg-baukunde was formed at a meeting in Austria in October 1990. It is basically a F.uropean Society with a few member professors from outside Europe to keep the Society conversant with trends elsewhere. The objectives of the Society are to see that the mining universities in Fiurope maintain standards and produce enough mining engineers. The present membership of the Society and the work of developing a database of current courses is described. Working from the knowledge base developed, it will be possible to design a 'European' mining degree course. The problems which will have to be addressed have been identified and are described in detail.The paper finally goes on to discuss the other problems that universities are facing, the economic problems and above all the lack of students applying for mining courses across Europe. The help and active participation of the mining industry, if that industry still wishes to employ mining engineers, is identified as the only possible solution to those problems.

Jan 1, 1993

By Ian Bell

This paper investigates fragmentation in an aggregate quarry using the fragmentation-energy fan concept. Six blasts were monitored, located one behind the other in the same quarry area. The rock structure was blocky, the water level and the usage of explosives were variable within and between the blasts. The powder factor above grade was between 0.28 and 0.44 kg/m3 (0.47 and 0.74 lb/yd3). Fragmentation of the plant feed was measured using an online digital image analysis system and three belt scales. The oversize material that was not directly fed to the plant after the blast corresponds to 3‒9.3 % of the total. Data from image analysis was used to build the size distribution in the coarse range (fragments above 120 mm), and the passing fractions at 120 and 25 mm (4.72 and 0.98 in) obtained from belt scales data were used in the range 120‒25 mm (4.72 ‒ 0.98 in) . The non-dimensional percentile sizes between 10 and 90 % for each blast are described through power functions of the powder factor above grade; the model coefficients are statistically significant. From them, using the principles of the fragmentation-energy fan and the Swebrec distribution properties, the fragmentation can be expressed in terms of the powder factor by means of five parameters: the fan focus coordinates and the three parameters of a function of the exponents vs. the percentage passing. The model shows a good capability to describe fragmentation.

Jan 1, 2019

By Andrew F. Conn

This report summarizes the results from the first year of an anticipated multiphase program to develop improved coal mining equipment which utilize the CAVIJET? cavitating water jet method. This laboratory parametric study demonstrated the advantages of cavitating jets over non­cavitating jets in cutting coal, by producing comparable slot depths at one-fifth of the operating pressure, at better than one-half of the spe­cific energy. These results suggest that CAVIJET-augmented mining devices can be developed with compact, low-pressure pumps. Thus, CAVIJET should be capable of operating with safer, lighter support equipment, while providing all of the advantages (reduction of dust and sparks, reduced damage to cutters) of conventional hydraulic mining methods.

Jan 1, 1976

By Luiz Henrique Accorsi Gans

First, this works carries an experimental evaluation for austempered ductile iron (ADI) as a gear material. And second, in order to provide a better understanding of the microstructural effect on the stress state of subsurface regions, a finite element method approach was considered using the submodeling tool in ANSYS 11.0. For this, ADI gears were produced from continuous cast iron bars, heat and thermochemical treated and tested in FZG test rig. The results were compared to those of carburized steel AISI 8620 and induction hardened steel AISI 4140 gears. The wear experiments were performed at the temperature of 90ºC with two torque stages: 135 N.m (running-in) and 302 N.m (steady-state). The time for pitting and spalling on the gears surfaces were measured using image analysis. The results showed a very good potential of using ADI for manufacturing gears, replacing induction hardened steels. Also, the ADI gear with smaller nodules showed higher life for pitting. In contact fatigue tests with severe load, the carburized AISI 8620 steel proved more adequate than the austempered ductile iron, showing that the mechanical properties are critical in the resistance to damage in gear contact. The austempered ductile iron with smaller nodule size showed to be very competitive with wear resistance similar to AISI 4140 steel induction hardened. With ANSYS, it was verified that the nodule size affects the gears life independently of the mechanical properties of the matrix. The results showed that the nodules indicate the presence of a concentration stress, but their size doesn’t affect the contact fatigue life as much as the total amount of nodules, regardless of the ductile iron microstructure. The size and number of nodules affects both the nucleation and the propagation stage of cracks. ADIs with higher amount of nodules have a greater wear resistance. Also, compared to the Hertz contact theory (isotropic material), the presence of graphite nodules indicates a non-isotropic material and made the maximum shear stress point moves toward the surface.

Jul 31, 2018

By A. Perillo

The process, realized in. the Kivcet furnace, can convert continuously lead concentrates, residues and secondary lead bearing materials into a lead bullion free of sulphur and a discardable slag. The lead recovery can be up to 99%. The long experience of about three years at Portovesme demonstrates the capability of the furnace to smelt a very. high range of lead raws without interruption of the operation. The operating costs are very competitive in comparison to the traditional technology. The work place and environment are clean and new tight regulations for the? hygiene control are met. The Kivcet furnace can be considered as consisting of three parts (reaction shaft, waste gas shaft and electro-furnace) connected with a common hearth. The technical basis of the furnace construction is the application of a number of design elements .which have mostly been used before in designs of industrial furnaces, such as open hearth furnace, refining furnace and other furnaces dealing with liquid meta1s. Refractory wear in the reaction shaft with typical pattern from watercooling soon has been stabilized and since maintained. No deformation of the furnace shell and no leakage of metal or s:l:ag through the bottom is? appeared after three years' operations.

Jan 1, 1990

By Shonn K. McNeill, Joshua Micah Hoffman

Security engineering is similar to other forms of engineering – the design is guided by the loads, materials, and desired function. For facility design, the load is the threat. Facilities that are designed with considerations for explosive hazards are designed with a shot, or series of shots, of a given size and distance from key locations. These facilities range from office buildings and industrial sites in developed nations to military and police stations in contingency areas. The challenge is the design shots are not often communicated to facility owners and managers. If the hazards change, whether it’s due to an increased capacity to cause damage by a threat or a decrease in capacity by a structure, not knowing the design shot means not knowing if security design needs to change. Blast modeling is an engineering tool that can be used to reverse engineer what a facility is suitable for, as well as be a tool for modifying security design for new conditions. This paper will examine military and civilian examples, including a case study of a military facility that did not know their as-built conditions and had to be rapidly closed; due to the determination their security engineering shortcomings could not be mitigated.

Jan 1, 2019

Sophisticated pit optimisation software has allowed mine planning engineers to generate mining outlines that consider the numerous factors that have a major effect on the success or otherwise of a mine plan. The outlines are generally generated using a range of values for which one can assume a fixed mining cost and a variable revenue. During analysis, the expected costs and revenues are used to investigate the cashflow and sensitivities. Ultimately, the final pit and incremental outlines, or shells, are selected for a given expected price. This paper proposes an alternative method for incremental pit shell selection that considers the risk the mine be prepared to accept. The life of mine is divided into a number of Business Risk Periods (BRPs). The BRP represents the period of time over which the owner is prepared to invest capital. During each BRP, the mine will then operate at a selected investment cost which is generally equal to or greater than the minimum required to meet production targets. In this way, a robust mine plan can be produced which allows the mine to react to change without having to alter the incremental shell limits while maintaining a strategic risk profile. This paper will summarise factors to be considered in selection of the BRP and the incremental pit shells within the BRP.

Jan 1, 1998

By N. G. Azeredo

This work dealt with the evaluation of engineering structural clay brick samples that were sintered at estimated temperatures of 700 and 800°C. They were collected in a red-brick plant in Campos dos Goytacazes, RJ, Brazil. From a lot, a sample already sintered in its kiln at 700°C were collected and also a sample from the same lot only dried by the air, which were then sintered at 800°C controlled temperature. The samples were subjected to Brazilian Standard tests (ABNT NBR 15270:2005) to determine their geometric, physical and mechanical properties. In order to be classified as structural clay brick it is required minimum 3.0 MPa for the characteristic compressive strength (fbk) to be suitable for up to five floors structural building applications. We also used the Weibull Probability Plot and Weibull Maximum Likelihood Estimation to evaluate distribution parameters in order to compare the results of compressive strength obtained in the tests.

Jan 1, 2015

By Virginia T. McLemore, Devlon R. Shaver

Clinkers are the result of a seam of coal catching fire and burning the surrounding rocks. The fires caused the surrounding rocks to be baked at high temperatures, removing organic material and partially forming glass. These rocks become hard, orange, and brick like, forming clinker. The purpose of the study is to determine their potential to contain economic levels of critical minerals, including Rare Earth Elements. Some clinkers contain over 200 ppm total REE.

Feb 1, 2024

By J. J. Geraghty

U.S. Bureau of Mines researchers investigated the development of an innovative transport system for underground coal mining. A one-half commercial-scale bench model was constructed. Novel magnetic levitation (mag-lev) technology was developed. Frictionless and contact-free transport of a prototype materials container and payload has been demonstrated.

Jan 1, 2010

By Shen Shen, Paul R. Ohodnicki, Samuel J. Kemion, Vladimir Keylin, Alex Leary, Joseph F. Huth, Michael E. McHenry

"Recent DOE workshops highlight the need for advanced soft magnetic materials leveraged in novel designs of power electronic components and systems for power conditioning and grid integration. Dramatic weight and size reductions are possible in these applications through operating at increased frequencies. This manuscript discusses processing and composition design approaches for optimizing FeCo-based nanocomposites for higher frequency operation at 100 kHz and above. The proposed strategy involves starting with prior compositions known to exhibit high inductions, optimal field crystallization induced anisotropy, and excellent mechanical and high temperature magnetic properties. Proposed alloy modifications for the applications of interest would include increased amorphous phase resistance, optimum induced anisotropy, and minimized or carefully engineered magnetostriction. Relevant process developments would target reduction of ribbon thickness by optimizing the casting process or post-processing treatments such as chemical thinning or rolling. Three archetypes FeCo-based nanocomposites are described including near equiatomic FeCo-based, Fe-rich and Co-rich alloys.MotivationSilicon steels are widely applied for 60Hz utility-scale transformers [1]. For applications at high frequencies, however, Si-steels exhibit unacceptable losses and ferrites are typically used due to their high electrical resistivity and good soft magnetic properties [2]. However, the low inductions offerrites have limited their applications in power electronics. Developments in rapid solidification have led to amorphous metal alloys and controlled nanocrystallization processing has resulted in state-of-the-art amorphous/nanocrystalline nanocomposite soft magnets [3-5]. Commercial utility-scale transformers made with Fe-based amorphous materials have been demonstrated to result in significant energy savings with an associated reduction in greenhouse gas emissions [6]. DOE workshops held in 2010 emphasized a need for advanced soft magnetic materials for the next generation of power electronics. For advanced power conditioning and grid integration applications, frequencies of 20 kHz up to -1 MHz are of interest depending on the power level [7]. Here, we review previous work and discuss the approaches to optimize FeCo-based nanocomposite materials for high frequency applications."

Jan 1, 2012

By Armando Vazquez

When water enters the EAF, some chemically dissociates to H2 while some remains as H2O vapor. Depending on operating conditions the levels of combustible gases (CO and H2) and H2O are continually changing throughout the course of any individual heat and on a heat-toheat basis. The EFSOP® system has been implemented in more than 80 installations as a powerful tool to reduce furnace operation costs but with water detection technology the off gas technology is a valuable solution to improve safety. This paper describes the latest results when using Tenova Goodfellow’s new standalone water detection technology that for the first time provides real-time analysis of both H2O vapor and H2 from start-to-end of a heat. It involves a newly designed water cooled probe and heated line that eliminates condensation during off-gas sampling and an analyzer equipped with a proprietary system for analyzing both H2O vapor and H2.

Jul 30, 2018

By N. Chow, W. McCombe, G. Remple, J. Nikkari, L. Nightingale-Mercer

Orano Canada Inc. (Orano) operates the McClean Lake mill in northern Saskatchewan, processing high concentration uranium ore, delivered in slurry form, from the Cameco operated Cigar Lake mine. This slurry is ultimately processed into the purified uranium oxide product known as calcined yellowcake. During the calcining process, sulphate (SO42-) entrained in the yellowcake undergoes thermal decomposition into sulphur dioxide (SO2). SO2 is a colourless gas that poses health and safety risks. Since 2016, an anhydrous ammonia dosing system was successfully added to the existing Venturi particulate scrubber system to provide efficient removal of SO2 from the calciner off-gas. Within the pH controlled scrubber solution, SO2 exists in a pH dependent equilibrium with sulphite/bisulphite (SO32-/ HSO3-). The presence of a significant fraction of reduced sulphite and bisulphite in mill solutions presents a hazard in downstream circuits. Should these solutions drop in pH, either through natural oxidation or inadvertent mixing with low pH solutions, the solution equilibrium will shift from SO32-/HSO3- in favour of SO2, resulting in the evolution of SO2 gas from any liquid surfaces. In 2018, Hatch Ltd. (Hatch) and Orano implemented a design change in the calciner scrubber system. Blowdown from this system is now treated in an oxidation pre-step utilizing hydrogen peroxide (H2O2) and anhydrous ammonia (NH3) for pH control, in order to convert the residual sulphite/bisulphite present in solution to stable ammonium sulphate product. This paper will detail some of the challenges and actions undertaken to minimize SO2 risk, culminating in the recent introduction of a novel system designed to oxidize sulphite/bisulphite and prevent mobilization from the calciner scrubber solution into other mill areas where there is the potential for acidification and SO2 release.

Jan 1, 2020