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By Low Russell

Mark Westfield, writing in The Australian on 16 May 1994 stated: The role of the independent expert is crucial to Australia's investment system. When it falls down, there can be very dramatic consequences. The scope of these consequences was dramatically illustrated in the decision of Rogers J. at first instance in Cambridge Credit Corporation v. Hutcheson (1983) 8 ACLR 123 when the auditors of the failed company were found liable for breach of contract and faced a damages award of $145 million, well in excess of their insurance cover. No comfort should be sought in the fact that this decision was overturned on appeal, for the result of the appeal rested on whether there had been a causal connection between the breach of contract which had occurred and the loss suffered, rather than on the fundamental principle of auditors' liability. Thus: Those who prepare experts' reports in company cases carry a heavy moral responsibility, whatever their legal duties may be... Unless high standards are observed by those who prepare these reports, there is a danger that systems established for the protection of the investing public will, in fact, operate to their detriment through reliance placed on those reports and on the reputations of those who furnish them. In lending his name, the expert will often, as in this case, be lending a name to conjure With.

Jan 1, 1995

By CIM Mineral Resource, Mineral Reserve Committee

The CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (MRMR Best Practice Guidelines) were prepared by the Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) Mineral Resources and Mineral Reserves Committee (CIM MRMR Committee) to update an earlier version that was accepted by CIM Council on November 23, 2003 (CIM, 2003). These 2019 MRMR Best Practice Guidelines supersede and replace the November 23, 2003 version of the MRMR Guidelines. These 2019 MRMR Guidelines are not intended to be prescriptive and are not intended to provide detailed and exhaustive instructions for preparation of Mineral Resource and/or Mineral Reserve (MRMR) estimates. Rather, they are intended as general guidance to assist professional geoscientists (or equivalent) and engineers (or equivalent) in preparing high quality estimates of MRMR that incorporate sound geoscientific, engineering, evaluation and design practices. They are based on well-established estimation and mine planning principles and are designed to provide general guidelines of best professional practices employed in the preparation of MRMR estimates. Although the 2019 MRMR Best Practice Guidelines are intended for use by Canadian-based mining/exploration practitioners, many of the concepts and practices presented herein are in general agreement with current industry practices in jurisdictions with membership in the Committee for Mineral Reserves International Reporting Standards (CRIRSCO). For this document, persons preparing MRMR estimates are called Practitioners. Preparation of MRMR estimates should be carried out by Practitioners who either hold the status of Professional Geoscientist (or equivalent) or Professional Engineer (or equivalent), or who prepare the estimates under the supervision of a Professional Geoscientist (or equivalent) or Professional Engineer (or equivalent). For the purposes of this document, all references to reporting describe such necessary reports and related documentation that are created as part of the normal-course work flow of preparing MRMR estimates for internal purposes. For clarity, all public disclosure of MRMR estimates made by, or on behalf of, an issuer and intended to be, or reasonably likely to be, made available to the public in a jurisdiction of Canada must comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101), as amended from time to time. At least one Qualified Person (QP) must take responsibility for each part of the estimation process when publicly disclosing the results of MRMR estimates. The intended audience for these 2019 MRMR Best Practice Guidelines includes Practitioners at all levels of skill and experience, government agencies, academic institutions, and the public.

Nov 29, 2019

By MATT RENAUD, Mustafa Kumral

As high-quality mineral deposits are thoroughly exploited, mines of the future will have to move towards more remote and lower quality projects. With these projects comes an increased business risk to the operator. Even now, mining companies often turn to foreign countries for new deposits to produce, introducing the concept of country risk into their portfolio. Furthermore, feasibility studies often fail to accurately quantify the risks associated with various projects, and as such, this study proposes a technique of risk quantification which can both aid mining companies to evaluate the viability of investment and assist in risk disclosure to public investors for the mining industry of the future. This paper aims to quantify the effects of country risk on the valuation of potential mining projects, using a combination of modular and risk-weighting techniques to evaluate the country risk premium (CRP) required to obtain capital for operation of risky foreign mining projects. The techniques proposed in this paper are demonstrated using fictional examples and then evaluated for accuracy against a recently developed debt-funded precious metal project in a country in the Americas.

Sep 30, 2021

By Sidney Katell

This report, covering the period January 1965 through December 1965, is a continuation of a series that began with the publication of Information Circular 7516 in October 1949. It is the seventh in a series of reports prepared in cooperation with the American Association of Cost Engineers. The abstracted articles are concerned with all phases of cost engineering in the field of chemical and petroleum plants and related subjects. They are From the following sources:

Jan 1, 1966

By J. A. Scott, K. Moreau, H. Shang

"Trials of automated technology at underground mine sites around the world have reported increased production and the potential for lower energy consumption. Autonomous mining eliminates a range of delays related to operator downtime and travel to the workface and facilitates continuous operation in conditions that are unsafe for workers. Automation also introduces complexities and safety hazards arising from equipment–personnel interactions; automated processes must be isolated from other stope-cycle–related activities such as production drilling, development, loading, and backfilling, poten¬tially requiring changes to the mine design to maintain an efficient and safe operation. This paper reviews and discusses the implementation of automated equipment in deep underground mining operations and the challenges and advantages associated with the technology. ¦ KEYWORDS Automated equipment, Emissions reduction, Energy, Productivity, Sustainability, Technology, Underground mines RÉSUMÉ Des essais de technologies automatisées dans des sites miniers souterrains aux quatre coins du monde ont indiqué une production accrue et la possibilité de réduire la consommation d’énergie. L’exploitation minière autonome élimine tout un éventail de retards liés aux temps d’immobilisation des opérateurs et aux déplacements vers le front de taille, et facilite l’exploitation continue dans des conditions qui s’avèrent peu sécurisées pour les travailleurs. L’automatisation introduit également des complexités et des risques pour la sécurité, qui surviennent en raison des interactions entre l’équipement et le personnel. On recommande d’isoler les procédés automatisés des autres activités liées au cycle des chantiers telles que le forage de production, le développement, le chargement et le remblai, ce qui pourrait entraîner des changements au niveau de la conception de la mine afin de préserver rendement et sécurité dans l’exploitation. Cet article examine et aborde la mise en oeuvre de l’équipement automatisé dans des exploitations minières souterraines profondes, ainsi que les enjeux et les avantages associés à cette technologie. ¦ MOTS CLÉS durabilité, énergie, équipement automatisé, mines souterraines, productivité, réduction des émissions, technologieINTRODUCTION As the mining industry continues to exhaust easily accessible orebodies, the need for efficient, deep (typically below 2,500 m) mine operations increases (Atlas Copco, 2013a); however, the mining process can become economically infeasible at great depths because operation costs drastically increase. This has resulted in investigations into automating mining operations as the industry strives for improved productivity (Schunnesson, Gustafson, & Kumar, 2009) and ways to remove personnel from hazardous work areas."

Jan 1, 2019

By Sidney Katell

This; report, covering the period January 1965 through December 1965, is a continuation of a series that began with the publication of Information Circular 7516 in October 1949. It is the seventh in a series of reports prepared in cooperation with the American Association of Cost Engineers. The abstracted articles are concerned with all phases of cost engineering in the field of chemical and petroleum plants and related subjects. They are from the following sources: 1. American Association of Cost Engineers Bulletin. 2. Bureau of Mines Information Circulars. 3. Bureau of Mines Reports of Investigations. 4. Chemical Engineering. 5. Chemical Engineering Progress. 6. Chemical Week. 7. Coal Age. 8. Coal.3 9. Cost Engineering. 10. Hydrocarbon Processing and Petroleum Refiner. 11. Industrial and Engineering Chemistry. 12. Nucleonics. 13. Oil and Gas Journal. 14. Petroleum Management. 15. World Oil.

Jan 1, 1966

By Yu Hu, Gabriella Tranell, Song Zhang, Eivind Johannes Øvrelid

"In the present research, recycling feedstock of silicon for Photovoltic (PV) application is investigated. Whether these recycling feedstocks are reliable in the future use is discussed in this work to assess the properties of the crystal silicon ingot, which is commercially pulled from top-cuts of casted multicrystalline ingot via one kind of Czochralski method - FerroTech. Dopant is the acceptor type Boron (B) and growth direction was <100>. Crystal diameter and the length were 190mm and about 1700mm, which were controlled by the temperature and the pulling speed, then cut to 156mm * 156mm wafers with 2000um and 200um thickness. Resistivity measurements of these wafers by Four Point Probe (FPP) are in good agreement to the calibrated profile after Rapid Thermal Process (RTP). In this work, the Minority Carrier Lifetime MCI, shown by Carrier Density Image (CDI) and Quasi Steady State Photo Conductance (QSSPC), gives the mapping results on the cross section and the relationship to the injection level, increases in an arrange from 40us to 90us along the ingot height, which is abnormal distribution compared to the standard ingot. Then Oxygen and other metal impurities distributions, measured by Flourier Transform Infra - Red (FTIR) respectively, account for the novel phenomenon of the continuously increased MCI. Various types of heat treatments were performed on these wafers (different ingot and different positions) in N 2 and 0 2 mixture atmosphere. Before and after heat treatment, micro-defects were revealed by copper decoration and etching work. Solar cells are fabricated by Energy Research Center of the Netherlands from the experimental ingot, and processed under an industrial standard line. Compared to results of the reference mono-crystalline and multi-crystalline silicon solar cells, the performances of experimental ones show excellent efficiency values up to 18.5%, and Jsc values up to 37mA/cm2.IntroductionThe PV industry has gone through rapid development, with a high growth rate resulting in an increasing demand for silicon feedstock. In addition, costs in production need to be reduced such that solar energy can compete other conventional and renewable energy. Searching low cost, reliable and efficient feedstock is one promoting way to improve and enhance the competitiveness of the PVindustry.More and more researchers start searching new raw materials for PV application [1]-[4]. The key to make full use of low cost raw materials is to control the distribution and effect of impurities, such as Carbon, Nitrogen, and other metal contamination [5]."

Jan 1, 2013

By A. L. Mular

"IntroductionThe mining industry has made slow but steady progress toward the automation of mineral processing plants over the last 35 years. The stimulus to automate is associated with important economic and hidden benefits, so that today, the latest in instrumentation and technology is being employed.This chapter assesses the status of instrumentation justified economically, defines levels of control and certain fundamentals of feedback control loops, describes typical sensors employed in concentrator circuits, summarizes control strategies employed therein, and briefly highlights trends in integrated plant control.Current Status of AutomationAs early as 1948, the mining industry began to show interest in automation, probably because of its close association with the petroleum industry. By 1958, some regulatory control had been achieved in various sections of a concentrator, particularly in crushing circuits. Successes were attributed primarily to the reliability of sensors employed in the corresponding control scheme. By 1961, computers had appeared on the scene, initially, for data logging purposes.From 1958 to 1965, very few new control strategies had been implemented. Guidelines in vogue at this time appeared to be:- Install proven automation, unless a good instrumentation department exists at the concentrator.- Do not bite off too much instrumentation at one time.- Do not purchase on price alone; instrumentation must function in the concentrator environment.- Do not purchase automatic control equipment to be fashionable.Such guidelines were employed1 because of a lack of: (a) quantitative process knowledge, (b) reliable primary sensors, (c) initiative to try something new, (d) trained personnel, and (e) understanding that older concentrators could justify automation in many situations."

Jan 1, 1989

By Allen L. Frank

The uranium mine environment is characterized by airborne radon-222 and its daughter products to which miners are exposed through breathing and by gamma and X rays from the uranium-235 and uranium 238 chains to which the miners are exposed externally. The nature of the radon-daughter concentrations and the methods used to define and measure the exposures are explained through an extensive review of the literature. An improved passive track-etch dosimeter for personal use is proposed which has a measurement range of about 30-400 WLH with a 95% confidence interval to ~25% for individual detector measurements in relatively stable mine air. Some measurements of these dosimeters adapted to environmental use are also presented. A program of development for enhancement of dosimeter sensitivity and greater accuracy of measurement is outlined. Extensive gamma-ray survey measurements were made in two Colorado and three New Mexico mines. Follow-up personal miner dosimetry with LiF TLDs was done at the mine with the highest exposure rates, The average miner exposure rate measured was 4.27 mR per day, or 9.3 of the maximum permissible level averaged over 13 weeks. Comparisons are made with previous mine surveys and their value in estimating miner exposure is discussed. Some depth-dose measurements made using Lucite as the absorber are evaluated.

Jan 1, 1978

By Krishna Parameswaran

In this paper, we attempt to answer an often asked question, how can metal mining be compatible with the principles of sustainable development. Starting with the classic Brundtland Commission definition of sustainable development as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs," we make the case that mining is or should be sustainable, using examples of sustainable practices at ASARCO LLC, an integrated U.S primary copper producer. These examples cover the entire mining cycle starting with exploration, mining, beneficiation, smelting, refining, closure and post-closure and post-mining land use. It is hoped that the presentation will challenge the mining industry to even greater innovation as future mineral development projects are planned.

Jan 1, 2015

By R. Michael Digman

Few efforts have been undertaken to date to assess the quality of mandated coal mine health and safety training for new miners and for experienced miners. This study was concerned with the quality and effectiveness of existing classroom health and safety training programs. The study involved field data collection through pre- and posttesting of trainees, audio-taping class sessions, and administering short feedback forms with trainers and trainees at 14 sites in West Virginia, Maryland, Kentucky, and Pennsylvania. Results indicate that goals, methods, materials, and outcomes of existing training programs vary widely among trainers and sites. The report provides less by way of solution to problems, than it highlights the breadth of issues that relate to the question of training effectiveness and quality. The report concludes that additional work by industry, labor, government, and academia is necessary in order to improve health and safety training programs. Recommended steps are: (a) to develop performance standards and measurable criteria in each of the types of mandated training, (b) to develop better training of trainers, (c) to develop expanded training support services. and (d) to undertake further research and development in health and safety training in the mining industry

Jan 1, 1982

By C. J. Newman

Production levels at the Kidd Creek copper operation increased during the 1980&apos;s by expansion of both the smelter and refinery and by major modifications to equipment which was causing bottlenecks. As a result, there was a significant reduction in the unit cost, some manpower reductions and hence a significant increase in productivity. In the last two or three years, there have been no major expansion projects leading to unit cost reductions and yet these have still been attained. This has been achieved by the development and implementation of various techniques designed to maximize the inherent potential of the operators and maintenance employees. This paper will initially describe the operation but will then place emphasis on employee involvement through such methods as idea awards, incentive schemes, loss control and continuous improvement programs. Organizational changes are discussed, particularly with reference to changes from the traditional operator role to one which encompasses maintenance skills and to cross-training of maintenance employees into multi-discipline fields. The effect of these changes are discussed by a review of the salient plant parameters of safety, production levels, cost and quality.

Jan 1, 1993

By A. M. Beebee

IN the present century the coal and manufactured gas industries have been eclipsed in public interest by oil, natural gas, and hydro- electric energy, which have had the benefit of rapid development and novelty. I sometimes wish that our social- order were such that hydro power had been developed first, that the use of gas from coal had never been seriously considered, and that our domestic energy requirements were supplied by other fuels. Sup- pose the manufacture of gas from coal should then come on the scene at the present time with the current plight of the railroads, coal regions, and labor generally, presenting the fact that it could increase the amount of coal mined and shipped by the railroads by some 16,000,000 tons, and increase the coal used at existing u plants five times. Imagine the great public interest that would be manifested; it would supply the cooking and water-heating requirements of a community with a superior character of service at a cost to the customer approximately half that which had obtained previously. Would not such a situation be heralded as the salvation of our country and all help be given it?

Jan 1, 1940

By F. K. McKean

Introduction The present paper may be considered as a sequel to a paper, A Process for Cleaning Molybdenite .Concentrate, which was presented by the author at the annual meeting of the Institute last year. In that paper, a description was given of the laboratory work leading up to the adoption of a new process for treating complex molybdenite ores of the Molybdenite Corporation of Canada. A bare outline of mill performance with the new flow-sheet was included. With this writing, the purpose is to describe the highly interesting work of translating laboratory experience into mill practice, to show what changes were required in design to put the scheme on an operational basis, and to point out the gratifying improvements in mill products which resulted from the new procedure. The process has been placed in operation at the La Corne mine of the Molybdenite Corporation of Canada. This mine was operated during the war by Wartime Metals Corporation, and, earlier, by the Molybdenite Reduction Company, which installed a small plant. The property is situated on the highway from Amos to Val d&apos;Or, Quebec. The claims held by the Company are at the boundary between La Corne and Vassan townships.

Jan 1, 1947

By AIME AIME

AT Williams College, in the quaint old New England town where people still go to the post office for their mail, an interesting institution has come into being as one of the aftermaths of the peace conference at Paris in 1919. The war taught the world many things about economics although much remains to be learned and more to be appreciated. B. M. Baruch, H. A. Garfield, president of Williams, and others who took part in the conference at Paris or in preparation for it, feeling that benefits would accrue from informal friendly discussion of the problems that lead to political differences between peoples, called together a summer conference in 1920. This has now become an annual affair and is coming to be looked upon as an important center for developing and stimulating public opinion. Membership in the Institute is by invitation and the lists change to correspond with the particular subjects taken up. Each year a number of distinguished foreign public men are invited to be the guests of the Institute and to meet men and women from various parts of the United States interested in their special subjects. Round tables, general conferences, and public lectures are the means employed to bring out discussion. The first are organized by groups, each including usually 25 to 40 people interested in a special subject and meeting three times a week for informal discussion. Teachers, writers, economists, engineers, business men, indeed men of all vocations and many shades of opinion, are brought together. Once a week each round table presents in general conference with the members of all other groups the more general conclusions reached in its own decisions. Afternoon and evening lectures are given by the foreign guests and these are open to the public. The lectures and the general conferences are reported widely in the press but the proceedings as a whole are not printed, no resolutions are passed, and no action is taken or contemplated. The whole plan is to furnish a forum for free discussion in hopes that the difficulties of various groups and peoples may be taken up sympathetically and good understanding promoted. There is no creed, doctrine or dogma to which the Institute is committed and widely different views are currently presented. The constant effort is to bring out points of view and the reasons for them rather than to build up convincing arguments favourable to a specific action

Jan 1, 1926

By Robert Torbin

The objectives of the Continuous Shaft Lining (CSL) System are to reduce the costs, safety hazards, and time currently required in lining mine shafts with concrete. The CSL will line machine bored shafts downward from the shaft collar on a continuous basis using an inverted, pressurized slipforming technique. The technique for slip-forming downwards has been demonstrated and refined under this program. The approach taken involved laboratory scale testing of key features of the CSL concept. These feature tests included concrete distribution, concrete sealing, concrete slipforming and development of a reliable concrete mix. Based on these results, a full scale above-ground test facility and CSL were designed and fabricated. The objectives of these tests were to demonstrate the viability of the basic concept; to establish operating limits; and to provide input data and information for the design of a second generation shaft lining system. The results of the program have led to a CSL design and operational philosophy which will need to be tested in an underground environment before industry will accept the technology. However, the next generation CSL promises to meet all the original program technical objectives.

Jan 1, 1983

By V Srinivasan, P Knights, C T. Farrelly

By 2025, with the widespread industry adoption of remote operation centres and advanced analytics, mining companies will find themselves making better, more informed decisions across the value chain. Process automation will drive significant business integration and reorganisation. Better collaboration between functions will make cross value chain optimisation a reality. Wherever possible decisions will be automated, based on analytical models and embedded in an enterprise decision management (EDM) architecture. This will take care of many of the minor day-to-day or the minute-to-minute decisions that consume operators and managers today. More flexible information technologies and architectures derived from the extensions to Web 2.0 and service oriented architecture (SOA) will solve many of the integration issues of today. The ongoing business imperatives for doing more with less people will make true collaboration with partners such as mining contractors, equipment vendors, transport providers, suppliers and maintenance contractors commonplace throughout the industry. All these organisations will be linked in and share common goals and objectives in real-time while providing visibility of internal constraints and available capability, allowing optimised decisions to be made across the extended enterprise. Humans will increasingly move to a more supervisory role and will use advanced collaboration to quickly solve complex abnormal issues that span the value chain out to the extended enterprise. The open collaboration and communication models instilled in the workforce through the widespread use of social networking technologies will drive thought leadership far beyond current æbest practiceÆ thinking. This will encourage the mining industry to extract the business value from rapidly converging fields of study such as environmental sciences, neuroscience, psychology, engineering, information technology and business finance. The future of mining will see a more uniform distribution of data savvy workers between the ages of 20 - 40, forcing a change in current operations. This group will drive the adoption of ubiquitous computing, augmented reality, presence and digital labelling. The enterprise will shift from a relatively static disparate set of functions to a digitally aware, integrated and interactive environment with information available, in context and just in time, to those who need it. The networked virtual enterprise will therefore be a reality.

Jan 1, 2008

By Ross R. Bhappu

Anticipating a major power cost increase in 1990, Cyprus Copper Company decided to modernize the Miami Smelter at a cost of $92.5 million. The modernization project included the addition of an Isasmelt vessel for use as the primary copper smelter and the modification of the existing electric furnace to a slaglmatte separating vessel. The project was completed in June of 1992 and is currently operating at close to its design capacity. This paper provides a summary of the decision making process, a description of the project, a summary of start-up problems and solutions and the current status of the smelter operation.

Jan 1, 1994

By R. A. Meister

The study on improving surface coat refuse disposal site inspections included surface inspections of 15 refuse disposal sites. Monthly aerial photos were taken of the sites and computer methods were used to determine elevation changes. Photogrammetric techniques that were used are described in detail. A comparison of the results of each of these inspection techniques is included. A detailed evaluation of the photogrammetric techniques was made and conclusions were drawn concerning the advantages and disadvantages of using aerial photography and photogrammetry as part of the inspection procedure. Operators&apos; opinions of the aerial photography methods are included.

Jan 1, 1980

By Grant C. Lukey, Jannie S. J. van Deventer

"The environmental effects of the mining and mineral industry include destruction of natural habitats, changes in river regimes and water tables, and other serious ecological impacts. In this century, it is likely that water will become a critical resource, and in most countries the mining industry competes for a share of this resource. The Kyoto Protocol may at first seem only relevant to the coal mining and power industry, however, it should not be forgotten that the mining and mineral industry is a significant consumer of power. Therefore the ratification of the Kyoto Protocol by most developed countries and the introduction of a carbon credit trading scheme will impact on the industry by potentially increased costs in utilities and waste discharges. It is clear therefore that the mining industry faces many challenges in the coming years. The mining industry?s commitment to sustainable development needs to continue to evolve, in order to meet these challenges effectively. With the advent of globalisation of the industry, it is now an opportune time for the industry to gain international agreement on how they want the industry to achieve sustainability in future years; such a progressive approach is necessary, otherwise government will force the industry to change, which may not necessarily be the best outcome for the industry.INTRODUCTIONThe Earth Summit in Rio de Janeiro in 1992 was an opportunity for world leaders to assemble and discuss strategies and initiatives that provide for further industrial growth without adverse effects on the environment. The World Summit on Sustainable Development held last year in Johannesburg, South Africa, was an opportunity to evaluate those initiatives implemented over the past 10 years, and to set a new and sustainable direction for the future. It is clear that industrial and technology development will continue at a rapid pace in order to serve the needs of a growing world population, but it is essential that the course of this development is well planned, well executed, and that it is sustainable. In reality, while government officials and politicians continue to debate policy and international protocols, the environment continues to suffer and the effects of climate change and global-warming become more real each day."

Jan 1, 2003