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By J. R. Porter, C. Panaou

"A significant effort is expended on preparation of the capital estimate for feasibility studies. The development of the operating cost estimate is usually allocated a significantly smaller budget and less emphasis is placed on ensuring the accuracy of the operating cost. This paper presents a comparison of capital and operating costs of hydrometallurgy processing plants in order to demonstrate the importance that variations in operating costs have on the overall life-of-mine costs. The analysis is supported by a case study on the operating costs of a water treatment plant at an existing Australian hydrometallurgy facility at the feasibility design level. INTRODUCTIONDetermination of the economic validity of a minerals processing project is a critical outcome of a feasibility study. In many cases, the financial results of the feasibility study will determine if the project should proceed to execution. Ensuring that these results are reliable and built upon sound engineering practices allows companies to make informed decisions on resource opportunities and the selected technology.The methodology for developing a capital cost estimate at the feasibility level is well established. Specialist engineering estimators use budget quotations, first principle estimation and rules-of-thumb to develop an estimate with an accuracy of typically -10% to +15%. Cost reporting software packages are used to methodically build up the estimate from design information supplied by the engineering disciplines. Risk analysis and capital expense workshops are carried out to identify potential deficiencies in the estimate. It is widely recognized that in order to successfully produce a feasibility level capital estimate with an appropriate level of accuracy, a rigorous development process is necessary.The development of the operating cost estimate is typically less rigorous than the capital cost estimate. The operating cost is normally derived by the process engineering discipline and rarely are specialist estimators used to support the development. The allocated budget for producing an operating cost is usually smaller and less emphasis is placed on ensuring the accuracy and contingency reflect the most likely operating cost scenario."

Jan 1, 2012

By Mitchell P. Rothman

This paper concentrates on profits and other measures of return in the Canadian mining industry, especially in the non-mineral-fuels sector. The paper examines the historical patterns of mining profits, both before and after taxes, as compared with profits in other sectors of the Canadian economy, as well as some of the more important influences on mining profits. These include the prices of mineral products, provincial and federal tax policies with respect to mining , and the effect of inflation on mining profits and the financial position of mining firms - in each case, comparing mining with the other sectors of the economy. Finally, the paper provides an analysis of current and prospective rates of mining profits in relation to the capital required to ensure the future viability of the Canadian mining industry.

Jan 1, 1977

By Edward Sampson

Bases of National Power At a time when the economy of the world is in a particularly troubled state it is appropriate to examine some problems of the distribution of natural resources. I should like particularly to call attention to the remarkable increasing demand for natural resources, to give an analysis of the demand for certain mineral resources, and to direct attention to some problems in satisfying this demand. All industrial power is based on natural resources and the most basic of these are soils, energy resources, and mineral resources. There is a strong interrelation of these resources, more than is obvious, and I shall take up certain aspects from the point of view of a geologist. Few nations are well endowed with all three of the kinds of natural resources I have mentioned and much has been done by some small countries whose peoples are industrious and enterprising and where conditions for free world trade have been favourable. However, major industrial power is dependent on a substantial endowment of all three classes.

Jan 1, 1949

Technologies are receiving a lot of 'press' - and rightly so; as they are seen as the means for achieving quantum leaps in productivity and cost reductions. A point of concern for Caterpillar is that we do not believe there is enough understanding of the infrastructure needed to support some of the future technologies, as well there is not enough utilisation of the current systems.

Jan 1, 1997

By B. M. Larsen

AN increasing amount of attention is being paid to the possible influence of oxygen, in its several modes of occurrence in steel, upon some of the properties of the metal; but clearly investigations along this line are unlikely to yield significant results until reliable analytical methods for the determination of oxygen have been established. This paper presents some results of a study of an improved Ledebur method which aims to determine a definite portion of the oxygen; namely; that which presumably is present in diffusible form in the. solid steel. These more or less preliminary results lead us to believe that the oxygen so determined has some significance; their presentation at this time will, we hope, stimulate discussion of, and focus attention upon, certain rather neglected aspects of the problem. Considerable work has been done recently on methods of estimating inclusions and on the vacuum-fusion method for oxygen; with results which, however, are of somewhat questionable significance. It is commonly presumed that the oxygen in a bath of molten steel in a furnace is present partly as a separate phase consisting of suspended particles of oxides or silicates, partly in solution, the latter being probably the more important. Upon addition of a deoxidizer, it reacts with some portion of the dissolved oxygen and precipitates it as additional suspended particles; the oxygen not eliminated in this way, which remains in solution in the liquid steel, may be regarded indifferently either as dissolved oxygen or as dissolved FeO. When the steel is poured, some of the suspended particles rise towards the surface, others remain trapped in the finished steel, appearing as nonmetallic inclusions in amounts corresponding usually to about 0.01 to 0.03 per cent 02 in the steel. The dissolved oxygen may be partly eliminated as CO during freezing of the ingot, but some remains either in solution or in part precipitated as FeO. Finished steels may thus contain oxygen in several forms: (1) In non-metallic inclusions which are probably quite insoluble in the solid metal at all temperatures; (2) in solid solution which at lower temperatures may be supersaturated; (3) in FeO particles produced by relief of this

Jan 1, 1932

Develop design and support guidelines for coal mine entry intersections based upon results of integrated field and numerical modeling analyses of structural parameters for improving ground stability. Background Underground coal mines contain a large number of entry intersections. Dome-shaped zones over the intersections are unstable and are often associated with roof falls. These roof falls may occur during mine development, trapping equipment and endangering miners. These high-risk areas of the mine account for 10 pct of the total number of ground-failure-caused fatalities. The falls, ranging from heights of 1 to 20 ft, cause high dilution and slow the advance rates. Stability at intersections is influenced by four structurally interrelated parameters: in situ stress, geological discontinuities and physical properties, intersection geometry, and roof span. Because of the complex interaction of these parameters, the actual mechanism of roof failure may vary considerably, depending upon the roof lithology, rock strength, and stress conditions.

Jan 1, 1990

By DeVerle P. Harris, David E. Euresty

"Potential metal supply refers to metals to be produced from as yet unknown deposits. Naturally, to measure potential supply requires, among other things, inference to the number of deposits, their tonnage, and their grade Thus, probability distributions were constructed for each 400-square mile cell in Northern Sonora, Mexico. A computer system was developed that simulated the occurrence of deposits for each cell, exploration for the deposits, and their exploitation. Evaluation was performed for each deposit by discounted cash flow analysis.An objective of this study was to explore the effect of the transportation network and required road or railroad construction upon potential supply. Consequently, the evaluation system was designed to consider the spatial location of a simulated deposit to the existing transportation network and the market destination. The construction of linkages to connect the deposit to existing transportation arteries as well as the carrying of the concentrates to the intended market were simulated. in terms of cost. The selection of the path took into account the existing terrain. This was done by digitizing topographical maps and representing the topography of the area by an orthogonal grid of elevations. The optimum route was selected by dynamic programming, meeting a prescribed gradient constraint. The potential supply of each cell was determined, allowing for the infrastructure effect."

Jan 1, 2014

By Neall. George M.

No method of roof control yet devised has proven to be universally acceptable for the wide range of strata conditions experienced in U.S. coal mines. However, a relatively new innovation, the roof truss, has proven itself capable of preventing roof failures which both conventional and resin bolting could not. Presently, the economics of roof trusses are not favorable when compared to bolting due primarily to drilling and installation procedures, but this is expected to change with improved truss and equipment designs. To realize the full potential of this new method of roof control, design criteria are needed which can optimize the effect of the truss for varying strata conditions. A review of the literature reveals that some work has been conducted on the roof truss. 1 Gambrell and Haynes (1970) showed that the roof truss is superior to angled roofbolts installed through a header. Sheorey, Verma, and singh2 (1973) used statics to prove that the optimum angle of inclination should be greater than 450? However, to date, no systematic attempt has been made to establish design criteria. In this report, the problem was approached in three ways. First, model studies were performed to determine general trends of truss support as a function of a number of variables. This provided a better understanding of the support mechanism involved. Secondly, beam theory was employed to calculate the actual support capacity of a truss, realizing the many simplifications, assumptions, and shortcomings of this approach to such a complicated problem. Last, field testing will be utilized to test the hypotheses previously developed and provide hard data to further synthesize roof truss design criteria. Field testing has recently commenced and should be complete before mid 1977.

Jan 1, 1977

The implementation of NAFTA in January of 1994 was expected to have small but beneficial effects for the Mexican economy, mostly through increased investment flows. Mexico's mining industry was especially likely to benefit, as mineral investment funds would be diverted to the now safer Mexico and away from similarly endowed but more risky Latin American mineral economies. The results of the past two years have shown that it is governments and macroeconomic factors that influence investment flows, rather than the fine-tuning of trade flows through so called "free-trade" agreements.

Jan 1, 1996

Attention is given to three possible alternative structures namely corporate joint venture, partnership joint venture and unincorporated joint venture. A corporate joint venture involves the formation of a separate and distinct legal entity with limited liability. The shareholders of the Company will be the members of the consortium. A partnership joint venture involves the members of the consortium joining a formal partnership. The partners will conduct the business in common with each other and will share the profits and losses of the project activities. The partners will be jointly and severally liable. An unincorporated joint venture is distinct from a partnership. The members of the venture will not be jointly and severally liable. Taxation and accounting aspects are examined and an outline provided of a typical joint venture agreement. The two main advantages of an unincorporated joint venture are considered to be a favourable treatment for income tax purposes and a greater degree of flexibility when compared with the corporate joint venture and the partnership joint venture.

Jan 1, 1983

By H. M. Wells

The influence of economics on the design of mine shaft systems by H, M. WEI.LS, Pr. Eng., M.Se. (Fellow) The purpose of this paper is to review some of the more important economic criteria that must be taken into account when planning the number, type, size, and distribution of the shafts, or shaft systems, required to exploit a block of payable ore. The postulated philosophy governing the selection of design parameters is that of optimization of the financial return per rand of venture capital employed for the project as a whole. While this criterion may not necessarily satisfy the investment objective under all circumstances (as, for instance, where risk limitation is important), it does serve to place the relative economic advantages and disadvantages of specific design features, which may sometimes be in opposition, into correct perspective with respect to the overall economics of the project under the prevailing economic climate at the time of the investigation.

Before exploration programmes or minerals developments are formulated, a mining company ought to assess how capital can be returned if the project is successful. A fact not well appreciated by the minerals community is that it is often difficult to get money out of many Pacific Rim countries due to special foreign exchange controls or restrictions on dividend or capital repatriation. On top of this risk are factors such as creeping expropriation through administrative, fiscal, or corruption pressures; environmental regulations; terrorists; and organised labour and political activists. Political risk is much more than just expropriation or nationalisation.Political risk factors can make or break a project in many PacRim countries and just the cost of delays and negotiations can insidiously affect project economics. This unpalatable thought, however, can be readily addressed by either legal structuring e.g. offshore proceeds accounts, offset/back-to-back currency hedges, or political risk insurance for the equity as well as any subsequent project development debt.

Jan 1, 1990

By Cheryl L. Allen

Increasing energy costs associated with mining have become an issue that must be addressed by industry to ensure sustainable production. As underground mine ventilation systems account for 40% to 50% of a mine?s total energy requirement, initiatives to maximize their efficiency have been introduced worldwide. A control method known as Ventilation-On-Demand (VOD), which adjusts the ventilation system by responding to the activities of mine personnel and air quality, has been commissioned at Vale?s Coleman Mine. This initiative is an effort to reduce energy consumption, maximize efficiency of the ventilation system while ensuring air quality. There are five control strategies that can be executed with the VOD control system in place at Coleman Mine: Manual real time control Time-of-Day Scheduling Event-based control Environmental control Activity Based Control/Tagging This paper describes the system, control strategies and impact on energy consumption and flexibility of airflow distribution as applied at Vale?s Coleman Mine.

May 1, 2011

NIOSH recommends that exposures to respirable coal mine dust be limited to 1 mg/m3 as a TWA concentration for up to 10 hr/day during a 40-hr workweek, measured according to current MSHA methods (see Section 5.1 and Appendix J). NIOSH recommends that sampling be conducted with a device that operates in accordance with the NIOSH accuracy criteria [Busch 1977; Busch and Taylor 198 11 and the international definition of respirable dust [ACGIH 1994; CEN 1993; IS01993; Soderholm 1991a,b; 1989].* The REL represents the upper limit of exposure for each worker during each work shift. For single, full-shift samples used to determine noncompliance, NIOSH recommends that MSHA make no upward adjustment of the REL to account for measurement uncertainties [NIOSH 1994c] (see also Section 5.6.2). NIOSH further recommends that all reasonable efforts be made to reduce exposures to respirable coal mine dust below the REL through the use of engineering controls and work practices.

Jan 1, 1997

By R. K. Hill

The Hidalgo Smelter successfully reduced operating costs by 25% compared to the previous two years through a focused holistic approach to development of its entire workforce. The first phase involved basic team training skills for natural work teams. The second phase provided leadership training via breakthrough education to 40 of the smelter leader-both hourly and salaried. The third phase stretched out the teams training to include rewards for performance that resulted in hourly teams converting to salaried status-part of a company wide initiative. The fourth phase saw 1998 become the "Year of Safe Cost Reduction" where 7 breakthrough projects focused on different areas of expenditure. Implementation of lean manufacturing as a tool for teams to truly get their arms around what they controlled, introduced accountability and responsibility for operating results at the team level. This will allow the release of experienced supervisors from this role, to a pool of technical expertise, where our future breakthroughs will be designed and implemented.

Jan 1, 1999

By Mercer JK

This paper gives a description of the research undertaken by an explosives manufacturer to give better technical advice to the Mineral Industry. Blasting Physics is defined as giving a systematic and coherent account of the initiation and subsequent effects of high explosives upon the surrounding medium. As a result of this work a mathematical model based on the gener- ally accepted mechanism of blasting has been developed. The mechanism and the resulting model are briefly outlined. IFrom'this model the effects of burden, spacing, blasthole diameter, rock and explosive properties upon fragmentation and heave can be calculated. Using these calculations it is then possible to see how variations in frag Imentation and heave can affect the overall production costs of a mine whether it is surface or underground. The overall costs are made up of a number of individual costs - drilling, blasting, loading, hauling and crushing. ach of these operations influences or is influenced by fragmentation and heave s these costs are inter-related, the

Jan 1, 1975

By K Mayank, A N. Mainza, I Govender, M Narasimha, A Mittal

In mineral processing industries grinding is the most energy-consuming process. A tumbling mill is an essential grinding equipment widely used for particle size reduction. Power consumption, impact forces and trajectory paths are critical parameters for characterising a tumbling mill to determine grinding efficiency. The effect of lifters and mill speed plays a vital role in such parameters. However, most of the studies ignore the impact of the lifter and do not investigate the effect of slurry dynamics on charge motion. The focus of the present work is to prepare a computational model that can accurately predict the complex multi-phase dynamics of charge particles, air and slurry inside the mill using a model that couples computational fluid dynamics (CFD) and the discrete element method (DEM). The details of impact forces with lifter profiles and mill speed variations will be refined even further using the CFD-DEM coupling approach. The slurry-air free surface is modelled using the volume of fluid (VOF) method, and the charge motion is modelled using the DEM. The phases are coupled using the interface momentum exchange between the charge and the fluid slurry. The coupled model is validated against experimental results from the positron-emitting particle tracking (PEPT) data. The validated model compares the effect of slurry content on charge dynamics with the dry DEM model. The presence of slurry is observed to dampen the tangential and shear contact forces.

Aug 24, 2022

By H. C. de Wet

The predevelopment and preparation of a total infrastructure in a deep level mining environment, prior to the shaft system being commissioned has major advantages. This paper intends to indicate these advantages and outline an understanding of the disadvantages. These benefits can be classified in three basic groups: the financial and timing advantages, a knowledge of the ore body and the development of required technology to meet the design parameters. The required technology in many aspects was still to be developed prior to successful application. Stemming from the technological evolution are some secondary advantages which will be described in each of the groups. Safety and health considerations and some practicalities made some of the new technology redundant prior to the actual application. In each case the actual achievements and the anticipated benefits will be indicated to allow the reader to distinguish clearly between planned and actual achieved advantages.

Jan 1, 1997

By D. M. Beeson, G. D. Ortloff

Water-propelled banks of carbon dioxide recovered both high- and low-viscosity crude oil substantially in excess of that recovered by water flood in linear flow model experiments. The increase in oil recovery is explained by oil swelling and viscosity reduction. Additional oil was recovered by solution gas drive at the end of the carbon dioxide floods when the model systems were depres-sured. This study was an investigation of the use of a water-driven carbon dioxide bank to recover crude oil. Techniques involving the injection of carbon dioxide have aroused con-siderable interest in recent years among methods considered for increasing oil recoveries. A number of investigators have studied the process in the laboratory1-' and in the field.7,5 Laboratory studies referenced indicate that carbon dioxide in conjunction with water flooding recovers more oil than does water flooding alone. These re- ports diverge widely, however, in stating magnitude of improvement. We believed that a water-driven carbon dioxide bank would increase recovery of crude oils by two mechanisms: viscosity reduction and oil swelling. Due to reduction in the oil viscosity caused by solution of carbon dioxide, displacement efficiency should be improved. In addition, the residual oil should be highly swollen by the carbon dioxide held in solution. Thus, the final residual oil saturation, in terms of stock-tank oil, would be lower than in the absence of carbon dioxide. To test this hypothesis, experi-

By A. Lubinski, J. L. Logan, W. S. Althouse

A4ost gas twells and flowing oil wells are completed and treated through a string of tubing and a packer. Changes in temperature and in pressure inside or outside the tubing will: (I) if free motion of the tubing inside the packer is permitted, increase or decrease the length of the rubing; or (2) if free motion is prevented, induce forces in the tubing and on the packer. If pressure inside the tubing is greater than outside, the tubing may buckle helically even in the presence of a packer-to-tubing tension. The tubing will always buckle, and much more severely, if free motion is permitted. The buckling may be prevented by pulling the tubing in sufficient tension. The prediction of these forces and tubing movement has here to fore been based upon calculations that did not inciude helical buckling. This paper preseitts means with which these length or force changes can be calculated while taking into account the effect of helical buckling. To avoid damaging formations, failure of remedial operations, or damage to the tubing or packer, application is made to practical problems involving calculations of the required length of seals, amount of sluckoff or tension, and prevention of permanent corkscrewing. INTRODUCTION Leakage of a packer may result in costly failures of such operations as squeeze cementing, hydraulic fracturing, etc. To avoid such failures, the authors are often asked questions pertaining to the length of necessary seals, the amount of necessary slackoff, etc. Published work' does not take into account helical buckling of tubing. Investigation of helical buckling was prompted by the fact that allowance must be made for this phenomenon in order to provide relevant answers. In the past, theoretical work on helical buckling was confined to conditions for which such buckling does not The mathematical treatment of behavior in a buckled condition, given in the Appendix, is novel. Assumptions upon which this investigation is based are listed and discussed in a special section. The following are a few of the many kinds of problems which may be solved with this paper. 1. Consider a packer in which tubing may move. Such movement will occur after pressures and temperature are changed. The paper provides means for: (a) calculating the amount of such movement and, therefore. the required length of seals; and (b) calculating the necessary amount of initial slackoff, for which there is no danger of unsealing the packer, if the length of seals is given. Such calculations, as well as those which follow, tully take into account the fact that part of the movement ib due to elastic helical buckling of the lower part of the string. This buckling may occur even in tubing under tension. Insufficient initial slackoff for a given length of seals, or insufficient length of seals for a given slackoff, may result in costly failures. A field case of such a failure will be given further in this paper. 2. In the case in which tubing cannot move in the packer, changes of pressure and temperature result in tubing-to-packer forces and forces in the tubing above the packer, both of which may be calculated. This knowledge is important because, if these forces are too large, the) could damage the packer or the tubing. 3. For wells in which wireline tools are to be run through the tubing, the paper provides means to keep the tubing from buckling, thereby permitting free passage of tools. 4. In deep wells, mainly in the presence of large casing, tubing may become "corkscrewed", i.e., take a permanent helical set. A field case is described further in the text. Using this paper, one may calculate in advance conditions under which permanent corkscrewing would occur, and then take preventive steps. HELICAL BUCKLING Consider a string of tubing, freely suspended in the absence of any fluid inside casing, as shown in Fig. I(a). Now consider an upward force F applied at the lower end of this tubing. This force compresses the string; and if the compression is large enough (which is always the case in actual problems), the lower portion of the string will buckle into a helix, as shown in Fig. 1 (b). The lower end of the tubing is subjected to a compression F. This compression decreases with the distance from the bottom and becomes nil (neither compression nor ten-