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By Peter Mitschke, Friedrich Rosenstock, Heinrich Meiler

"The development of the Centrifugal Mill jointly by Chamber of Mines (Johannesburg) and LURGI GMBH (Frankfurt) had been described by L. Kitschen e.al. during the 14th IMPC at Toronto in October 1982. Further investigations, using a 55 kW semi-industrial mill, installed at LURGI's Research Laboratories, were concentrated on efficiency and wear in grinding.The test results showed, that efficiency increases when increasing the ball load between 60 and 80 % by volume. Furthermore, the efficiency is increased by speeding up the mill, thus increasing the centrifugal force to up to 14 times the force of gravity. Applying these findings to grinding of a Canadian iron ore spiral concentrate, a saving in grinding power of 30 % was experienced, when comparing with ordinary wet ball milling.Investigations of several shapes of the grinding chamber cross section and linings and several types of materials showed, that no increase of liner or ball wear will occur compared to conventional ball mills when choosing suitable lining patterns. 1. DEVELOPMENT OF THE CENTRIPUGAL MILLThe centrifugal mill was developed with the aim of finding a grinding unit that can operate at a higher power concentration than the conventional tumbling mills.LURGI felt the necessity for such a mill in connection with a hydrometallurgical process developed at the beginning of the seventies, which incorporated an activating grinding step as one of the essential process features. At that time, the Chamber of Mines in Johannesburg was investigating possibilities of underground wet grinding and preconcentration of gold ores aiming at a decrease of mining costs by reducing the quantities, especially for mines operating at depths up to 3600 m, by changing over from rope hoisting to hydraulic transportation systems. After the Chamber of Mines had initiated the development work on its own, in 1974 a cooperation between the two organisations was started."

Jan 1, 1985

By Osamu Fukuta

The geological and geochemical characteristics of the Japanese iodine-rich brines are outlined. The iodine-rich brine in Japan is primary in its origin and its occurrence is limited in the younger marine sediments. The iodine-rich subsurface water is saturated or over- saturated by natural gas, but the water saturated by natural gas is not always rich in iodine. The iodide and bromide contents decrease with time. The bromide content decreases much more rapidly than that of iodide. It should be emphasized that the genetic environment of the Japanese type of dissolved gas and iodine deposit is not peculiar to the Japanese islands.

Jan 1, 1985

By P. M. Daignault

"Fording Coal Limited is one of Canada's largest producers of metallurgical coal for the export market. Medium- to highvolatile coals are mined at its Fording River operations in southeastern British Columbia. This paper discusses some of the mine design and production related problems encountered, and how they have been resolved. Other aspects of the operation such as geography, geology and standard mining methods employed are also covered.IntroductionFording Coal Limited was formed in 1968 to mine and market metallurgical coal resources held by the company in the East Kootenay region of southeastern British Columbia<1>. The company, at its Fording River operations, holds approximately 19,635 hectares of coal lands, having an estimated resource of 3.5 billion tonnes of metallurgical coal. Total reserves are approximately 520 million tonnes.Fording Coal is owned 600Jo by Canadian Pacific Enterprises Limited and 400Jo by Cominco Limited. Cominco itself is owned approximately 540Jo by Canadian Pacific Enterprises. The company, originally staffed and managed by Cominco, has been independent since January 1978, with its own board of directors, management, staff and employees. The head office is in Calgary, Alberta. The Fording River operations are located in British Columbia, approximately 70 km north of the Crowsnest Pass, near the Alberta/ British Columbia boundary, only 150 km by air and 320 km by road from Calgary.A contract was signed in 1969 with the Japanese steel mills to provide 45. 7 million tonnes of metallurgical coal over fifteen years, commencing in 1972, at an annual rate of 3 .05 million tonnes per year. The mine is presently expanding annual production capacity from the original 3.0 million long tons (3.05 million tonnes) to in excess of 5.0 million tonnes.Concurrent with this production expansion, a vigorous marketing effort has diversified Fording's customers to include additional countries in the Pacific Rim area. Three cleaned coal products are now marketed compared to the single ""standard blend"" product originally shipped to satisfy the Japanese contract. The product specifications are listed in Table I."

Jan 1, 1985

By G. S. Dobby, J. A. Finch

"I. INTRODUCTIONA significant development in flotation over the past few years has been the increasing industrial use of flotation columns, primarily in Canada. The column differs dramatically from conventional mechanical flotation machines, both in design end operating philosophy, which has been a principal reason for its slow acceptance by the mineral industry. Boutin, Tremblay and Wheeler (1. 2) developed the concept in the early 1960's and since then plant and laboratory columns have been marketed commercially by Column Flotation Company of Canada Ltd. In 1980-81 at Mines Gaspe, Quebec, three columns replaced 13 conventional cleaners in a molybdenum upgrading circuit, with superior results (3). Since then many of the copper producers in British Columbia have installed columns for copper and molybdenum cleaning, including Gibraltar, Lornex, Highmont and Island Copper. There now appears to be widespread interest in flotation columns.The column is particularly attractive for applications involving multiple cleaning stages and can upgrade In a single stage compared with several stages of mechanical cells. This results in simpler, more controllable circuits. Importantly, the column itself is well suited to computer control. A significant problem, however, has been that of translating laboratory data to plant performance. The purposes of this communication are to address the problem of column scale-up and to describe some of the transport mechanisms of a flotation column, leading to a kinetics based model.A schematic of a flotation column is shown in Figure]. Industrial columns are up to 13 m high and 0.3 to 1.8 m in cross section (either square or circular). Three zones can be identified:a collection zone, with feed entering 2 to 3 m below the top of the column and descending against rising bubbles generated at a gas sparger; a washing zone, where a packed bubble bed is generated by a downward flow of wash water; and a conventional froth (2 - 5 cm thick), the sole purpose of which is particle transport to the launder. The tailings withdrawal at the bottom of the column is controlled at a rate slightly greater than the feed flowrate (called a positive bias).An important element is the washwater, added just below the froth zone. The component of the washwater that flows downward (to make up the bias) is sufficient to prevent coalescence of rising gas bubbles. The packed bubble beg so generated is very efficient at suppressing gangue entrainment to the concentrate."

Jan 1, 1985

Traditionally, the gravity cleaning of coal has been evaluated in pilot plant tests. Attention is now turning to the development of empirical models of gravity cleaning equipment that can be used for the design and evaluation of circuits. This paper presents some preliminary information for spirals and water-only cyclones treating fine coals. Also discussed is how such information gives a better understanding of the operating and performance characteristics of this equipment, how realistic comparisons can be made between different types of equipment, and how small mobile plants could be designed for treating the fine coals &apos;stockpiled&apos; at many NZ mines.

Jan 1, 1985

The past year has been a difficult one for the mining industry in this country, but an active and successful one for the Branch. Membership has continued to increase, albeit at a slower rate than last year, and with the increase almost all from student membership. I dwelt at some length last year on the continued increase in student membership, which I ascribed largely to deliberate policies adopted by the Branch to foster this area of membership. I don&apos;t propose to reiterate these, suffice it to say that as usual, the Otago School of Mines has been a prolific source of student members, and it will be a pity if this source dries up û more on this subject later. In fact, students form just on 29 per cent of the Branch&apos;s total membership û a far higher percentage than for any other Branch in the Institute, whose membership as a whole comprises only ten per cent students.

Jan 1, 1985

By W. J. Cruise

This paper reports on a test that was conducted underground in a mine for two years on the following: pipes coated with paint, fusion-bonded powder, metal, or impregnated tape; and aluminium, stainless-steel, 3CR12, and plastic pipes. It was found that the degree of corrosivity and mechanical damage increases substantially from the shaft of a mine towards the stope. Thus, the range of coatings that can be used successfully is fairly large in the shaft and haulageways, but corrosion-resistant materials, especially corrosion-resistant steels, need to be used close to the stope. A study of the relative costs involved showed the costs of pipes of low-carbon steel and unplasticized polyvinyl chloride to be lowest, and those of epoxy-coated steel pipes to be highest.

Jan 1, 1985

INTRODUCTION Besides the European export credit agencies covered in Ted Rides&apos; paper in this Chapter, other agencies are also active (see Appendix) but the most notable for mining projects are The Export-Import Bank of the United States ("US Exim") and the Export Development Corporation ("EDC") of Canada. Mexico&apos;s Fomex is basically a short-term trade-finance fund administered by the Central Bank. US Exim This independent agency can provide loans, guarantees, and insurance. Like all export-credit agencies, its mandate is to support the export of goods and services from the US as a means of competing against other countries&apos; products. If a piece of mining equipment can only he made in the US, the US Exim may very well not provide any financial assistance. (It is important not to place the order for any item for which export credit is sought because, once ordered, the situation is no longer competitive in US Exim&apos;s eyes.) Direct Credits and financial guarantees ("buyer credits") are commonly in amounts greater than 85 million and for terms longer than six years. An example here is the $48.5 million provided to PT International Nickel Indonesia (see Robert de Gavre&apos;s paper in Chapter 12). US Exim usually requires a 15% downpayment and, therefore, finances up to 857 of the goods; less if the US content is lower. The dollar funding can he US prime, London Interbank Offered Rate (LIBOR), or other sources. Exim can fund in either or both of the following ways: 1. Under a US bank Letter of Credit ("L/C") 2. Reimbursement to the buyer/borrower via a US bank account. US Exim will, without charge, issue a preliminary commitment. It will, however, need to approve the various credit agreements and prefers to tie other parallel financings into one loan agreement. US Exim&apos;s total commitments are large, up to $5R billion in aggregate under various programs. US Exim has been the world&apos;s leader in medium-to long-term minerals project financings/ co-financings but suffers from (i) aggressive foreign export-credit competition whereby other nations mix in soft-loans or aid programs ("mixed credits") to increase the percentage financed and lower the interest margin and (ii) an imbalance in its own cost of funds. A common US Exim package would be as follows: 15% Banks under US Exim guarantee, floating rate over prime or LIBOR. 35% US Exim funding, fixed rate 35% Pefco funding, fixed rate 857 Drawn down pro-rata under US bank L/C 15% Cash down payment (may have been financed within a project/corporate credit) 100% Repayment usually begins six months after planned start-up in equal semi-annual instalments, with the banks usually paid out first, Pefco next, and US Exim last. Medium-term credits ("supplier credits") are issued for US equipment exports for terms up to five years, again for 85% of the equipment costs although the exporter is expected to bear at least 10% out of that 857 for its own risk. The buyer is required to be a first-class credit such as some governments or highly credit-worthy companies. Otherwise a bank L/C would be required. (This may be wrapped into an overall project-finance package for a minerals development. The project-finance banks provide an L/C to US Exim instead of funding that portion themselves.) US Exim guarantees 100% of the political risk and either 85% or 95% of the commercial risk for

Jan 1, 1985

By Annie G. Smelley

The Bureau of Mines is testing a dewatering technique for phosphatic clay waste that will recover a portion of the water lost using conventional waste disposal methods and produce solids suitable for land reclamation. The technique utilizes a flocculant, polyethylene oxide (PEO), that forms strong, stable flocs that can be dewatered on a static screen followed by further dewatering on a rotary screen. In field tests conducted in northern Florida, clay wastes containing a nominal 2.5 pct solids have been consolidated to greater than 20 pct solids. The rate at which PEO-treated material continues to dewater in a mine cut also was monitored. Preliminary results indicate that PEO--treated material will dewater to 30 pct solids in 140 days. Pretreatment of phosphatic clay waste with lime and H202 was shown to improve the dewatering technique for problem clay wastes.

Jan 1, 1985

By Donald J. Worth

INTRODUCTION Minera Real de Angeles makes a very interesting case study in more ways than one. To begin with, it represents the first time a bulk silver deposit has been put into production in Mexico. Second, the feasibility and financing stage spanned a period when the silver price ranged from $4 to $40 per ounce. Third, there was a major devaluation of the peso and a financial crisis in Mexico at completion of the project. Fourth, the composition of the partnership (a major Canadian mining company, a major Mexican mining company and the host government&apos;s own mining entity) is worthy of note. This paper gives considerable background on the project and how it came to fruition. The political risk aspects and how the major provider of funds perceived Mexican risk at the time of decision to participate and afterwards are highlighted. LOCATION AND HISTORY The Real de Angeles deposit is located at an elevation of 2300 meters in Central Mexico in the State of Zacatecas (Figure 1). The closest village is Noria de Angeles, three kilometers to the north. The closest cities are Aguascalientes, Zacatecas and San Luis Potosi. The first-mentioned is one hour to the southwest by automobile over good roads. Exploitation of the vein outcrops probably began towards the end of the sixteenth century by the Spanish. Evidence of past mining activity is shown by numerous shafts, manways, dumps and ruins. Also, there were remnants of two rudimentary concentrating mills now obliterated by pit development and in the nearby town of Noria de Angeles the ruins of a small smelter still exist. Compania Minera Gamma, an affiliate of a major international mining company, investigated Real de Angeles from 1969 to 1971. Its evaluation program included 20 drill holes and comprehensive geological engineering and metallurgical studies. The results were not encouraging and the option on the property was dropped. In late August 1973 geologists representing Placer Mexicana which was later renamed Explomin were advised of the availability of the property and liked the prospects sufficiently to make an option payment soon due and to agree to outright purchase by year-end. A series of 34 holes were drilled by Explomin and a preliminary study indicated that the prospect had mine-making potential if the silver price was right. [ ] DESCRIPTION OF THE PROJECT Real de Angeles is best described as a large, low grade open pit silver mine because at today&apos;s prices approximately 70% of the realizable revenue is derived from that metal. One must also keep in mind that the operation produces two concentrates - a lead concentrate with high silver content and

Jan 1, 1985

By Robert Gillham, Victoria Yablonsky, Grover R. Castle

INTRODUCTION The commercial paper market, unique to the United States, is a direct exchange of funds between high-grade borrowers and large lenders; because it eliminates both the bank&apos;s role as middleman and also some significant transaction costs, commercial paper is the lowest cost short term instrument in the world. For this reason, virtually all borrowers would like to enter the market, but only issuers with the highest rating from Moody&apos;s and Standard & Poor can attract purchasers at the best rates. COMMERCIAL PAPER The commercial paper market, in existence for over 100 years, has traditionally been used for short-term financings, with most paper maturing within 30-45 days. Under the U. S. Securities Act of 1933, (section 3(a)3) industrial paper can avoid registration only if it matures within 270 days and is used for current transactions. It was first used to finance the short-term seasonal working capital needs of manufacturing companies. Since World War II, commercial paper use has grown steadily, serving in the 1950&apos;s as the market in which finance companies financed the explosion in consumer credit purchases of heavy consumer durables. LETTER OF CREDIT BACKING As far as is known, the use of letters of credit to support energy-related commercial paper began about 13 years ago with an arrangement to finance the nuclear fuel for Con Edison&apos;s Indian Point 3 Plant. Goldman, Sachs was the architect of this financing and Chemical Bank provided the letter of credit support. After an early burst of interest, this type of financing wobbled severely in the difficult credit markets of the mid-seventies before regaining serious momentum in 1976 and 1977. A mining project would not normally qualify as a borrower in the commercial paper market because of its credit standing and because its large capital needs require long term financing. However, lately, commercial paper has begun to take the place of a bank term loan in limited recourse project financings. L/C backed commercial paper took this new and startling turn in 1982 when it was used as part of the $700 million financing for the development of the Newlands-Collinsville coal mines of Mount Isa Mines Ltd. in Australia. This was the first use of L/C backed commercial paper in a long-term limited recourse project financing. First Boston acted as financial advisor and, again, Chemical Bank provided sole letter of credit support of $155 million. The $785 million BHP financing for the acquisition of the Queensland (Australia) coal assets of Utah International from General Electric Company followed the next year; there we acted with two other Front Banks to provide $270 million of L/C support. These two important transactions indicate that not only has commercial paper become an integral part of a long-term financing package, but also that it is no longer the exclusive domain of the best known U. S. companies. Lesser-rated companies and a multitude of foreign borrowers have gained access to this "exclusive club." How has this become possible? OPERATION OF AN L/C An instrument of the commercial banks, the "direct pay" letter of credit, has enabled lesser-rated companies to issue commercial paper in their own names. The letter of credit allows the issuer to substitute the credit rating of the supporting bank for its own. The L/C in effect allows a lesser-rated company to rent the bank&apos;s credit rating. This upgrading is possible because the bank is unconditionally obliged to pay the note-holders at maturity and then turn to the Issuer for reimbursement. The Issuer commonly "rolls over" a new short-term issue and reimburses the supporting bank from the sale of the new issue until cash flows from the project allow the borrower to reduce the level of paper outstanding. The commitment for an L/C facility, up to 12 years in the case of the Broken Hill transaction, governs the life of the commercial paper tranche of the financing. The term of the L/C commitment thus has the power to extend the ordinary 30-45

Jan 1, 1985

By James M. Barker

Jan 1, 1985

By S. Zamna, M. E. Defoe, Franklin T. Davis, Earl Rau, Yarroll. Warren H., Paul D. Chamberlin

This section contains a description of the ore processing methods of the walled industrial minerals that are not described in major sections of the book. Table I contains the production figures for each of these commodities in the United States and the world. Specifications for concentrates or final mineral product are also summarized as well as prim for them at the time the section was written. In each chapter an attempt has been made to provide the reader with information on the common commercial mineral or minerals involved with the commodity, some of the uses. the processes used to recover and concentrate the minerals, as well as geographical areas where these process are utilized.

Jan 1, 1985

By Donald E. Rossow

In the mining industry ANFO continues to be the primary source of explosive energy. The three most commonly used loading methods are bulk, pour in 50 lb. multiwall bags and cylindrical shaped wet hole bags. Each loading method has its advantages. Each method has certain disadvantages which limit its effectiveness. The expandable bag system developed by ECONEX overcomes the disadvantages of the traditional bulk, pour in bags and wet hole package products.

Jan 1, 1985

By L. "Andy" Anderson, Stephen N. Short, James E. Friant

Since the introduction of "boxhole" drilling in South Africa in 1973, the concept of a blind raise, drilled upward from below, has become an accepted mining practice. A combination machine, capable of constructing raises to a mining level below, or blind raising upward from a single setup position adds a further dimension in versatility. A machine with these dual operating modes was designated by The Robbins Company as the 53R and was introduced into the Western Deep Level Mines, South Africa in 1984. The unit is powerful (200 hp) and compact (18,000 lbs., in a 10 ft x 4 ft 5 inch x 4 ft 6 inch package). This paper describes the design considerations for the new machine, provides field data from early trials, and looks briefly at its overall market and potential.

Jan 1, 1985

By Fred A. Curtis, Kathryn E. Moore

"The past 14 years have brought an increased awareness of environmental problems. Surface mining for mineral aggregates has been one o f the issues which ha s sparked fierce controversy and debate. Various level s of government, industry, and the public have engaged in an unending battle for adequate planning, regulation, and rehabilitation of pits and quarries. Agreement has seldom been reached and, as a result, few standards, guidelines or policies have been established, or enforced province-wide.Surface mining ca uses a number of environmental problems including noise, dust, water table disturbances, aesthetic degradation, increased traffic, and health and safety hazards. These problems are particularly serious in urbanizing area s, where people are exposed to the mining operations. Associated with the operational phase of surface mining are the issues generated by the multiplicity of abandoned pits and quarries which dot the countryside. These large, gaping, often dangerous waterfilled holes are a blight o n the landscape, and represent a misuse of land.The environmental problems connected with pit s and quarries are compounded by the fact that accessible reserves of mineral aggregates are being lost through the process o f urbanization. In addition, restrictive zoning at the municipal level is restricting access to even more aggregate rich land. This results in the paradox that the very urbanizing process which creates the demand for aggregates is rapidly reducing the available supply. These problems have stimulated the Ontario Ministry of Natural Resources to call for a province-wide program of inventory, assessment and planning for the protection o f high-quality reserves in Official Plans. These proposals have met with strong opposition from municipal leaders, who are jealously protecting their autonomy.Environmental management education is a prerequisite for all parties involved in pit and quarry planning, regulation or rehabilitation. To this end the following bibliography of selected articles with attention given to the Ontario experience, should provide helpful information on these topics."

Jan 1, 1985

Mr G. Maude was educated at Huish&apos;s Grammar School (Taunton) and Leeds University. He graduated in 1961 with a B.Sc. degree in Mining. Mr E.B. Crocker was educated at Florida Park High School, Witwatersrand Technical College, and the University of the Witwatersrand.

Jan 1, 1985

By Thomas J. Keefe, O&apos

The effects of cobalt, B-naphthol, glue and antimony on the polarization behavior of zinc sulfate electrolyte were investigated. It was found that B-naphthol was beneficial in reducing the detrimental effects of cobalt while antimony and excess glue were each harmful. Since the nu cl eat ion over potential was insensiti1ve to coba1t, other regions of the polarization curve were used to indicate electrolyte balance. The low? current density area occurring in the reverse or anodic sweep direction was? often an indicator when an ?unstable condition existed. The two parameters evaluated were the degree of inflection in the polarization curve in the low current density region during scanning and the rate of current rise observed when the sample was potentiostated at -0.781 Volts (SHE). Using this technique, a two-additive system was shown to be desirable to control cobalt and antimony containing electrolytes. The structure of the deposits was examined using scanning electron microscope techniques.

Jan 1, 1985

With the continuing move towards digital signal based control and measurement, it is inevitable that such technology will be increasingly employed on remote sites. The benefits of increased metallurgical performance, of reduced energy and manpower requirements far outweigh the problems associated with high technology in remote locations, provided that the installation is well thought out from both technical and manpower viewpoints. The new accessibility of vast quantities of process data will uncover previously unthought of savings and profit opportunities but brings with it the responsibility to carefully design the data presentation methods. The resulting changes in installed hardware will force changes in the maintenance and engineering workforce and will affect even the stores and purchasing department methods.

Jan 1, 1985

By Christian F. Baiz

INTRODUCTION Industrial minerals can have similar financing requirements to those needs of metaliferrous and coal mining projects. One of the outstanding differences is the understanding of the many different markets that these industrial minerals represent. There are in excess of 30 principal industrial minerals ranging in terms of annual production from the largest quantity such as sand and gravel, to possibly the smallest quantity of production of a legitimate industrial mineral which may be defined as industrial and rough gem diamond. (See Tables 1 and 2) Project finance techniques, analytical methods, and information requirements are covered elsewhere in this Chapter and Chapter 10. Some comments on equity finance aspects follow. EQUITY AMOUNT The amount of equity in a financing transaction provides a cushion to the lender in case the project runs into trouble. Generally speaking, the greater the amount of risk in a project, the more equity a lender will require. The amount of cash equity in a project financing transaction is between 25 and 40 percent. The amount of leverage (debt/equity) is negotiable based on such factors as the strength and extent of the sponsor&apos;s undertakings, of the project&apos;s economics, and the term of a strong sales contract. Naturally, a borrower seeks to obtain d loan with as little equity required as can be negotiated. Zero percent equity is usually associated with a take-or-pay contract (a hell-or-high- water unconditional commitment under which the purchaser must pay for the commodity as though it were shipped regardless of whether it is actually mined or shipped) with a financially strong corporate entity i.e., the parent company or an end user. As a take-or-pay contract is tantamount to a guarantee of payment, the banker views the credit basis of the loan as being other than the borrower&apos;s mining operation and therefore will analyze the creditworthiness of the institution purchasing the commodity on the basis of its corporate balance sheet. Do not confuse a take-or-pay contract with a take-if- tendered or take-and-pay contract. Another means in the United States of obtaining zero percent equity is the carved out production payment financing, typical of coal mine financing. This involves the sale, or conveyance, by the owner of the mineral property of a production payment to a nominally capitalized company. The nominally capitalized company is formed solely to buy the production payment and usually borrows 100 percent of the purchase price from a lender. Equity amounts of 10 to 20 percent generally are found in transactions which employ techniques such as an advance sale or a subordinated lease/loan. These agreements are viewed as quasi equity by most banks for several reasons. First, the proceeds represent a cash infusion early in the project&apos;s life - usually prior to the bank lending any funds. Thus, the repayment schedule is "behind" that of the bank debt. In the case of an advance sale, repayment is in the form of a long-term supply contract with favorable terms, usually priced close to the mining operation&apos;s costs. There is also usually a requirement that all costs of the project be paid for by the loan or equity, often making the sponsors financially responsible for any cost overruns. Cost overruns are a major risk in any project, large or small, and are often due to unforeseen factors such as wildcat strikes, a piece of faulty equipment, or any event which delays completion, e.g., remote location, weather, etc.. . The question of how overruns are covered can be negotiated. For example, in addition to the original debt/equity ratio of the project, there can also be a cost overrun ratio that will

Jan 1, 1985