Search Documents

By Mala Nath, Atjit Mallick, Asheesh Kumar

"The present research work is aimed to focus on the development of chemically stable light weight microporous carbonaceous material, such as activated charcoal incorporated either with titanium n-butoxide, titanium diisopropoxide bis(2,4-pentanedionate), vanadium 2,4-pentane-dionate or zinc 2,4-pentanedionate having varying wt% of the metal (2-8%) using ethanol as solvent at 40--50 oC followed by calcinations at 100, 150 and 200 cC, except the samples with titanium diisopropoxide bis(2,4-pentanedionate) which are calcinated at 80 oC. Atomic absorption studies along with FESEM revealed that the maximum incorporation of metals (Zn, V and Ti) in activated charcoal was observed with 4 wt% of zinc 2,4-pentanedionate calcinated at 150 oC , 4 wt% of vanadium 2,4-pentanedionate at 100 oC, 2 wt% of titanium n-butoxide at 100 oC and 2 wt% of titanium diisopropoxide bis(2,4-pentanedionate) at 80 oC, and equilibration time of 20-24 h was used in each case. Hydrogen sorption behavior in these carbonaceous materials has also been studied at 77.4 K and low pressure up to I bar. The highest hydrogen uptake obtained was 1.45 wt% (164.5 cm3 (STP)/g at P/Po = 1.0) for activated charcoal incorporated with 4 wt% of zinc 2,4-pentanedionate calcinated at 150 oC.IntroductionTwo of the major challenges for humanity in the next twenty years are the shrinking availability of fossil fuels, the global warming and potential climate changes that result from their ever-increasing use. So it is necessary to fmd an energy source that is convenient, flexible and controllable. One possible solution to these problems is to use an energy carrier such as hydrogen, and ways to produce and store hydrogen in electric power plants and vehicles. Hydrogen storage is the bottleneck for the breakthrough of hydrogen as energy carrier in automotive applications [1]."

Jan 1, 2012

By Tristan H. Jones

Beginning in 1987, miniature dataloggers approved by the Mine Safety and Health Administration (MSHA) were publicly available for sale. The principal among these was the model CR21XQM, manufactured by Campbell Scientific, Inc. These dataloggers had been tested and were deemed permissible by MSHA and thus could be installed in the return air of an underground coal mine. In 1996, production of all permissible Campbell Scientific dataloggers ceased due to lack of sales. Data collection with these dataloggers has been a staple of ground control research in the United States for decades, and, without them, or a replacement, the capability to monitor ground behavior is severely impacted. Since that time, any party requiring a permissible datalogger has needed to borrow one that was purchased during the production years. In order to fill this technology gap and ensure its own data-gathering capabilities, the National Institute for Occupational Safety and Health (NIOSH) has developed and refined its own miniature data acquisition system (MIDAS). On February 16, 2010, MSHA deemed the MIDAS to be permissible and approved it for use in the return air of an underground coal mine. The MIDAS is an intrinsically safe, 16- or 24-bit datalogger, compatible with a wide range of resistive, single-ended, and differential-type instrumentation. It contains enough data storage memory to operate for over a year with typical data rates and is efficient enough to do this on a single C-sized alkaline battery for that entire period. It is menu-driven and requires no programming knowledge to operate. It supports wireless or hardwired communication for datalogger setup and data download. This paper describes the design, field and laboratory testing, and capabilities of the MIDAS datalogger. While not as fully -functioned as the CR21XQM, it is the only new permissible datalogger available, and there is intent to make it available to the mining industry for purchase.

Jan 1, 2012

By Z. Duan

A novel concept involving the deployment of chemical stabilization has the potential to eliminate the need of slurry impoundments and significantly reduce the release of trace elements from the high surface area fine coal waste. The process involves mixing the fine waste generated from the underflow of a thickener operation with chemical stabilization agents to tie up the water and to create a solid waste material that can be discharged directly. Portland cement, sodium silicate, F type flyash, C type flyash and hydraulic lime were evaluated as stabilizing agents. A detailed experimental study has been conducted to identify the conditions that provide the maximum compressive strength within a short curing time. Results to date show the ability to achieve compressive strengths adequate for equipment to maneuver on using a Portland cement concentration of around 10% by weight. Quick-setting concrete was not found to enhance stabilization time and compressive strength.

Jan 1, 2012

By J. Kramer, T. Hartmann

In the Hydrometallurgical processes, the presence of the so-called “crud” is a constant challenge in solvent extraction. Crud is a stable emulsion which forms along the interface between the aqueous and organic phase. The spread is influenced by the following parameters: first, wind blows the dust and impurities into the open sedimentation tanks. Second, the undissolved solids such as sand transported in the PLS causing problems in conjunction with incorrect agitator design. The crud fraction can decisively impact the efficiency of the hydrometallurgical extraction because the phase interface can constitute a large fraction and the sedimentation tanks cannot react flexibly to it. In the downstream process of the seriesconnected sedimentation tanks, they are thus all contaminated with crud. At the same time, the necessary mass transport is significantly impeded at the phase boundary between organic phase and aqueous phase due to the crud formation. The transfer of the organic phase into the electrolysis cell can result in a “burnout” of the cathode. The carry-over of this electrolyte into the extraction can cause problems with the pH regulation. The carry-over of the organic components into the raffinate also leads to contamination of the leaching circuit. The continuous treatment of the crud with a 3-phase decanter centrifuge is extremely effective in combating this problem. This technology splits all three phases from each other and they are consequently continuously separated. All subsequent process steps exhibit a stable, uniform effectiveness. The main advantage for the customer is that fluctuations in the process are eliminated and the organic phase can be recirculated back to the extraction. The recycling of the solvent alone justifies the investment in less than 6 months as examples from South Africa and Chile show. To operate solvent recovery in daily operation fully automated online at the optimum limit, the decanter centrifuge is equipped with a concentration-dependent pond adjustment called DControl®. By this means, we can guarantee our customers the maximum possible solvent recovery and minimise the solvent costs in this process step. This system is presented in detail in this paper.

Jan 1, 2012

By J. T. Kalala

The High Pressure Grinding Roll (HPGR) is gaining acceptance in the mineral processing industry and has become a competitive technology in reducing the specific energy consumption in Mineral processing plants. The amount of samples required for HPGR amenability testwork and HPGR wear tests is usually high and often cannot be available at early stage of projects were only a few drill cores are available. Although HPGR was initiated from small scale piston die compression tests, the development of small scale piston die test to predict the performance of HPGR has been slow. The objectives of this paper was to present the designs, operating procedure of piston-die press and operating conditions which have resulted in similar particle size distribution obtained from a piston die test and HPGR Labwal unit starting from the same feed size distribution. Testwork were conducted using a 2 MN piston-die press and a Labwal HPGR unit on major South African ore types, viz, gold, platinum and iron ores. The results obtained show that piston-die test can generate data to predict energy consumption, product size distribution, and even to evaluate the edge effect.

Jan 1, 2012

By H. Z. Liu, J. M. Zhao, F. C. Wang

"Novel silicate-alginate composite beads containing 2-ethylhexyl phosphonic acid mono-2- ethylhexyl ester (P507) were synthesized and applied for the adsorption of Nd3+ from aqueous solutions. The adsorption amount of Nd3+ has been increased owing to the introduction of P507. The effect of equilibrium pH (pHe), the kinetic and isotherm experiments were investigated. The adsorption reaches equilibrium at 9 h and the maximum uptake capacity is up to 195.4 mg/(g dry adsorbent). The Langmuir isotherm equations are used to describe the adsorption process. Complete desorption can be realized with 0.2 M HCl within 20 min. INTRODUCTIONRare earth elements (REEs) have found various applications in different domains, such as metallurgy industry, ceramic industry, nuclear fuel control, photo-electro-magnetic functional materials owing to their unique properties. Neodymium (Nd), as a representative of all of the most valuable REEs, is widely used as catalysts, laser crystals, capacitors, rubber additives, Nd-Fe-B magnets, hydrogen storage and so on. Thus, the separation and purification of neodymium is significant. Unfortunately, Nd always coexists with other REEs and selective separation of the individual Nd from the REEs mixtures is still extremely difficult owing to their strictly similar atomic structures and chemical properties.Liquid-liquid extraction (LLE) and solid-liquid adsorption (SLA) are the most widely adopted techniques for the separation of REEs in the hydrometallurgical fields. The LLE process is well suited for large-scale continuous operation because of its inherent high capacity and fast kinetics. Nowadays, as a commercial extractant, 2-ethylhexyl phosphonic acid mono-2-ethylhexyl ester (P507) has been extensively studied for extraction and separation of REEs since it has considerably good extractability and high separation efficiency (Xu et al., 1992). SLA is one of the effective and green separation methods with some prominent advantages, such as easy regeneration of adsorbents, small footprint size, less industrial wastes, higher enrichment factors and column efficiency,rapid solid–liquid separation without emulsion and so on. Hence, the introduction of extractants with excellent performance into adsorbents will integrate the advantages of LLE and SLA (Lee et al., 2009)."

Jan 1, 2012

If one can embrace the medical analogue, much of the mining industry currently suffers from a massive bacterial infection. When pyrite-bearing or sulfide-bearing rock formations, tailings, or mine wastes are infected by Acidithiobacillus ferro-oxidans, the likelihood of forming acid rock drainage (ARD) is almost guaranteed. The ?pharmacy? of antibiotics available is extensive, ranging from solid alkaline amendments like limestone to liquid ?medicines? such as sodium lauryl sulfate, sodium thiocyanate, waste milk, and bipolar lipids. Unfortunately, the ?geo-medical? teams of geochemists, microbiologists, engineers, and mine managers lack the tools to surgically apply these active ingredients where they are needed most with a minimum of waste. Distribution of fine grained limestone on the surface of an acidic mine waste dump is analogous to applying a bandage soaked in antacid to treat an upset stomach. The implementation of up-to-date best management practices has not healed the patient; an equivalent combination of hypodermic needle, cyber knife, and arthroscopic probe is clearly needed. Using an engineered, flow-able or pumpable foam or pHoam? as the medicinally analogous ?dextrose delivery solution? for solid and/or liquid ?geo-antibiotics?, the authors have combined off-the-shelf technologies that have been previously applied in solving geotechnical problems in the mining industry. A patent for the innovative process is pending. This paper discusses method concepts and the advantages it could provide over conventional BMPs.

Jan 1, 2012

By Tangstadm Merete, Eli Ringdalen

"This paper presents an overview of results from The Norwegian Research Institution SINTEF and the Norwegian University of Science and Technology, NTNU regarding new and ongoing research in silicon production. The main studies are related to condensation of SiO gas and cavity formation. If SiO gas condensation is increased at the top of the furnace resulting in SiO content in the off-gas closer to equilibrium, the Si yield will be increased significantly. Experimental work, simulating a cavity under industrial conditions, has shown that the cavity grows downwards from one layer. Physical appearance of zones in industrial furnaces, and selected reactions in these, are discussed based on results from excavation of industrial furnaces and results from laboratory experiments. Experimental studies of reaction rates for the formation of SiO are presented. Quartz properties are demonstrated to vary between differing quartz types and the effect of this is discussed.Introduction Both the theoretical and industrial issues associated with the production of silicon are described in detail in the textbook written by Schei et al [1]. This book covers the knowledge of silicon production process up to 1998. Together with the work by Myrhaug [1] and by Aasly[2], this is the main basis for this paper. Recent and ongoing research at SINTEF and NTNU focusing on production of Si and SiO in the high temperature zone, dissociation of SiO and condensate and cavity formation will be discussed."

Jan 1, 2012

By R. K. Jonas

"Pressure leaching and pressure oxidation in autoclaves are important alternatives in the extractive processing of gold, copper and nickel ores. The application of advanced control to pressure leach and pressure oxidation autoclaves could achieve significant benefits as has been shown in alumina pressure leaching. This paper compares and contrasts alumina digestion autoclaves to other mining autoclaves with respect to advanced controls. The application of advanced control in alumina with over 30 units controlled worldwide, and its benefits will be reviewed. The design and potential benefits from advanced control for pressure oxidation and leaching will be presented.INTRODUCTIONIt is this author's position and the purpose of this paper to propose that advanced control could be effectively applied to autoclaves in the nickel, gold, and copper mining processes. This is based on the proven effectiveness of advanced control on autoclaves used in the alumina industry for pressure leaching of bauxite ores. Incremental, but significant increases in production could be realized by applying advanced control to autoclaves, as evidenced by the alumina industry, and this not being implemented in other autoclaves in the mining industry.In addition, today the mining industry is being challenged to improve their production methods. In some markets like nickel, there is pressure to improve productivity and reduce the cash cost per ton. While in other markets like copper and gold, demand is vigorous with favourable pricing, and there are advantages to increase production and productivity given limited plant capacity. Advanced control has proven its capability to improve mineral processing operations through increases in throughput, recovery, as well as reducing variability. In today's mines, autoclaves are being used to a much larger scale and with much larger importance, thus it would be beneficial to improve operational performance through the use of advanced control.Accordingly, it is the author supposition that an opportunity exists in the mining industry to use a proven advanced control technology to improve the operations and financial performance of mines using autoclaves."

Jan 1, 2012

By A. Nieto

Rare earth elements (REEs) are crucial to green technology such as hybrid-electric vehicles, wind turbines and fluorescent light bulbs. As of 2011, China dominates the global production of REEs and is reducing its export quotas. To predict the supply of rare earths in the United States based on future supply scenarios, a web-based database and geographic visualization tool was built. Five case scenarios with varying levels of REE demand were created by varying several economic conditions including (1) international trade policy, (2) greenhouse gas regulations, (3) environmental mining regulations and (4) tech applicability ratio of REEs. The most likely scenario, which is based on current international demand levels, indicates the importance of expediting the development of extractive operations of current REE resources within the United States. The results of the different case scenarios are supported by using dynamic geographic maps indicating the location of rare earth ore (REO) resources.

Jan 1, 2012

According to the previous research, it is found that the thickness of cover is mostly less than 100 m for highwall mining system. However, for most of the Chinese surface coal mines, the mining depth is over 150 m; on the other hand, the shovel-truck is the most common mining technology. As a result, a lot of residual coal will be remained around end-walls. Considering these facts, the calculated methodology of highwall mining system under thick cover is presented in this paper. Meanwhile, numerical simulation of highwall mining system under thick cover was carried out. The outcome shows that the calculated methodology for pillar stability of highwall mining system under thick cover presented in this paper is acceptable. In other words, the highwall mining system is feasible to extract the residual coal around end-walls in Chinese surface coal mines. Thus, not only coal recovery ratio can be improved, but also can increase the production life of surface coal mines in China.

Jan 1, 2012

By Jorge Alberto Soares Tenório, Victor Bridi Telles, Denise Crocce Romano Espinosa, Felipe Fardin Grillo, Vicente de Paulo Ferreira Marques Sobrinho, José Roberto de Oliveira

"This research aims to study the process of incorporation of the metal iron in electric arc furnace dust (EAFD), from a steel mill producing long steel by liquid iron in addition to the changing temperature of 1400 degree Celsius altering experimental conditions such as how to add the EAFD (as received and in the form of briquettes), the percentage of EAFD to be added (10, 20 and 30% of initial weight of sample pig iron) and the time of withdrawal of the sample of pig iron and slag (30 minutes after the addition of EAFD). Previously, the EAFD will be characterized using the following techniques: chemical analysis, particle size analysis, X-ray diffraction, scanning electron microscopy (SEM) and Energy Dispersive Spectroscopy (EDS) microanalysis. After characterization, the eletric arc furnace dust to be added to the bath of liquid iron, will be divided into 2 types: the first order of addition will be in the form ""as received"" from the plant and the second is through the agglomeration of EAFD in the form of briquettes. The achievement of fusion experiments in laboratory scale, will take place in a vertical tubular furnace with temperature control. The fusion experiments to assess the incorporation of the metal iron will use graphite crucibles. A flow of inert gas (argon) will be maintained inside the furnace during the experiments. It is expected that the results obtained at the end of the research allow the evaluation of the iron metal incorporation of eletric arc furnace dust in hot metal bath.IntroductionThe steel industry generates a variety of solid wastes, liquid effluents and gaseous emissions at various stages of processing. The electric furnace dust (EAFD), generated in electric arc furnaces, represents a major problem for their content of chemical elements such as zinc, iron, chromium, cadmium, among others, issued to the atmosphere during the manufacture of steel[1]."

Jan 1, 2012

By K. Bullock, M. Levesque, G. Lyle, D. L. Millar

ABSTRACT The options for reducing the carbon footprint of energy use in mining fall into three categories of activity: i) reducing demand, ii) improving energy utilization, and iii) adopting low carbon energy technologies. In addition to the environmental imperative, the economic case for these activities gains higher priority as the prices of electricity, gas, and liquid fuels increase. Low-carbon, energy-saving technology options that are available to mining industry companies lead to projects with return rates that must compete alongside other capital-intensive projects considered by mining company boards. Energy projects frequently involve longer payback periods and lower rates of return than those of competing bids for capital, such as new mineral property developments. For energy services companies that specialize in the financing, construction, efficient operation, and maintenance of energy projects, the same returns and payback periods can be considered acceptable or even attractive.

Jan 1, 2012

By Alain Jardy, Valerio De Felice, Jean-Pierre Bellot, Ismael Lis Alves Daoud, Stephane Hans

"Gas-stirring ladle treatment of liquid metal has been pointed out for a long time as the processing stage mainly responsible for the inclusion population of specialty steels. A steel ladle is a complex three-phase reactor, where strongly dispersed inclusions are transported by the turbulent liquid metal / bubbles flow. We have coupled a population balance model with CFD in order to simulate the mechanisms of transport, aggregation, flotation and surface entrapment of inclusions. The simulation results, when applied to an industrial gas-stirring ladle operation, show the efficiency of this modelling approach and allow us to compare the respective roles of these mechanisms on the inclusion removal rate.IntroductionThe reduction of the weight of high performance materials together with the improvement of mechanical properties and the increase of the recycling of used metal are new challenges which emphasize the importance of metal cleanliness. Ladle treatment of specialty steels has long been described as the secondary metallurgical process mainly responsible for the non-metallic inclusion derived from the deoxidation process. The treatment is accomplished by blowing argon through one or more porous plugs for the purposes of desulphurization, minor composition adjustments, and inclusion removal. Gas injection is applied on routine basis to achieve both the stirring of the liquid bath (thermal and chemical homogenization) and the entrapment of the inclusions by the bubbles (flotation). Furthermore, the turbulence produced in bubble swarms enhances the probability of inclusion collisions and makes aggregation the first mechanism for particle removal. The physical processes involved in gas stirred ladles are numerous and complex owing to the three dimensional and multiphase (metal-gas and inclusions) nature of the reactor. Despite these difficulties, the population balance equations can be implemented in CFD code11'21 and combined CFD-PBM (computational fluid dynamics - population balance method) models are investigated for steel ladle processes13'41 and produce very promising results in terms of inclusion removal efficiency."

Jan 1, 2012

By C. R. Machado

Sossego Mine was the first Vale SAG mill operation to process copper-gold ore. It is located in the state of Para, in the south-eastern Amazon region of Brazil. In the first six years of continuous operation, Vale investigated different alternatives for improving circuit performance by investigating operating conditions, mainly focusing on the SAG mill. Today, after a steady increase over five years the annual production rate seems to have stabilized. It is hoped this work will show how the SAG operating practice have been perfected with time and as new data are collected. Historical data of mill grind-outs and crash stops helped create operation curves depending on the ball charge volume and total charge volume. Also noted were impacts on throughput due to the effect of reducing liner weight and the ore type characteristics.

Jan 1, 2012

By D. E. Calisaya, É. Poulin, A. Desbiens, R. del Villar, A. Riquelme

"A 15 cm diameter by 732 cm height, fully automated pilot column was installed in the Agnico-Eagle’s Laronde concentrator (Québec), for evaluating the performance of newly developed sensors and advanced process control algorithms. For eventual comparison purposes, the pilot column is continuously fed with the same slurry feeding the copper-circuit third cleaner column. It is equipped with electrical conductivity-based sensors for estimating the three variables used in the multi-variable control algorithm under evaluation: froth depth, fraction of wash water underneath the interface and gas hold-up. Froth depth is regulated using a PI controller while a predictive controller is formulated as the minimization of the tracking errors of gas hold-up and bias rate, keeping several operating constraints between their practical upper and lower limits. In particular, an unreachable high set point of gas hold-up can be selected in order to maximize the bubble surface area available for particle collection, while maintaining bias rate above a minimum value required for froth cleaning. The proposed strategy may indirectly help optimizing flotation column operation by using these secondary variables, without the implementation of a real-time optimization layer.INTRODUCTION Flotation columns have already been used for more than 30 years, mainly in cleaning stages, as a result of their froth washing capabilities. Despite their widespread usage, the measurement of some pertaining variables and their use for automatic control is rather scarce. Among the most important variables directly related to the process metallurgy (concentrate grade and recovery), froth depth (hf) is the only one normally monitored and controlled. Even though commercial sensors are available, gas hold-up (eg), a variable directly related to concentrate recovery, is seldom measured and never controlled. Another important variable, bias rate (Jb) responsible for concentrate cleaning, is simply not measured at all, as there is no commercial sensor available. Therefore, besides froth depth, continuous monitoring of process variables is limited to flow rates (gas, feed, tailings, wash water), i.e. to manipulated variables. Some new available sensors have been industrially tested, e.g. the Sonar-TracTM for eg (O'Keefe, Viega & Fernald, 2007) and the McGill hold-up sensor (Tavera & Escudero, 2002). Others, for bias rate and frother concentration, have been successfully validated at laboratory scale by Laval’s LOOP researchers (Maldonado, Desbiens, del Villar & Chirinos, 2008b; Maldonado, Desbiens, del Villar & Aguilera, 2010a). Some devices have been extensively used for monitoring bubble size and space distri-bution, e.g. McGill bubble viewer (Gomez & Finch, 2007) and others."

Jan 1, 2012

By Shaohua Ju, Jin-hui Peng, Ya-jian Wang, Shuai-dan Lu, Li-bo Zhang, Lei Guo

"The granulation of a red mud is of great importance for recycling this material as an adsorbent for waste water or gas. A new granulating process was developed and its effect was evaluated. To reduce the cost of the granulation process, the wet filter cake (containing 25% water) was directly mixed with different cement contents (4%, 6%, 8% and 10% based on wet material). The mixtures were placed in a moist environment for 4 days, and then were washed with deionized water until the pH values of leachants were lower than 9.0. The efflorescence ratio, surface area and particle size of the aged mixture were determined, respectively, by bottle shaking experiments, N2 adsorption and screening. The results showed that the best addition of cement is 2%, and this yielded granulated material with a particle size of less than 2 mm, an efflorescence ratio of 4.83% and a specific surface area of 17.42 m2/g.IntroductionRed mud is a residue of the aluminium industry that is produced during the alkaline extraction of alumina from bauxite by the Bayer process. For every ton of alumina that is produced, the amount of red mud generated can vary from 0.3 to 2.5 tons, depending on the characteristics of the bauxite. In its typical form, red mud is brick red in colour, caustic, about three times as dense as water and, when un-neutralised, has a high pH, typically around pH 13 [1]. It is primarily composed of iron oxide, silica and alumina, along with traces of heavy metals. Red mud particles are quite small; typically 99% will pass through a 0.6 mm sieve and 87% through a 0.038 mm sieve [2],"

Jan 1, 2012

By Shun Fujieda, Shigeru Suzuki, Kozo Shinoda, Tetsuo Fujita

"Dowa's scorodite, synthesized by oxidation of Fe(II) ions in the presence of As(V) ions at atmospheric pressure, was characterized. The scorodite was well crystallized and had a very low solubility. To examine the conditions for stable storage of the scorodite for long periods, experiments with various synthesis and leaching conditions were done. The scorodite had a very low arsenic solubility in sea water. It was estimated in consecutive leaching tests that the arsenic concentration would eventually converge to zero. The prevention of arsenic leaching by adding goethite or ferrihydrite was limited in some cases. Very low toxicity was confirmed by toxicity tests. The investigation results suggest that disposal at a specifically designed well-controlled storage place is preferable for the scorodite whose toxicity had been made sufficiently low. Disposal to an isolated final disposal site with more stringent prevention for the outflow of toxic substances was thought another option.IntroductionArsenic is a considerable environmental concern. A system of technologies for the effective immobilization, storage and final disposal has been sought. Dowa Metals & Mining Co. Ltd. has developed a unique scorodite synthesis method (DMSP®) which works at ambient pressure [1]. The scorodite is precipitated by oxidizing Fe(II) ions in a high-concentration As(V) solution. The scorodite produced in this way does not readily release arsenic because of its high crystallinity. Final disposal is necessary because scorodite currently has no commercial value. A standard method for the final disposal of scorodite has not been established because its long-term stability under various conditions has not been fully examined."

Jan 1, 2012

By D. P. Roberts

This investigation aimed to simulate the experiments performed by Nic Gay (Gay, N.C. 1976. Fracture growth around openings in large blocks of rock subjected to uniaxial and biaxial compression. International Journal of Rock Mechanics and Minining Sciences and Geomechical Abstracts, vol. 13. pp. 231-243) on fracture growth around openings in blocks of rock subjected to uniaxial and biaxial compression, using the Elfen discrete element code. The results of the physical experiments indicated a number of trends that were successfully replicated in the numerical simulations, including crushing ahead of the face, the formation of a sub-vertical tensile fracture at centre-span, the formation of groups of fractures originating from the crushed face zone, the formation of large corner-to-corner fractures which precede sample failure, and linking of slot corner and sample corner fractures leading to sample failure. In addition, other features were apparent that were not reported by Gay. It is believed that these took the form of conjugate shear fractures (as reported by Gay in a previous paper) and other features that may have been altered or inhibited by the presence of pre-existing structure in the physical samples. It was found that the samples, though nominally made up of the same rock type, must have had significantly differing properties. The presence of pre-existing structures may have contributed to this discrepancy. Strain measurements from the physical experiments were reasonably well matched, except where the gauge lay directly in the path of advancing fractures.

Jan 1, 2012

By Stephen Semeniuk

Working with junior mining companies as a valuer, my experience with regulators is that simplicity works and the sales comparison method is the way to go. What I like about Mr. Ellis?s approach (as in his Table 7) is the integration of commodity prices with the timing of acquisitions and the implication of price changes in gold on the adjustment of individual project valuations. However, the sample gold-related appraisals in Ellis?s paper are pre-2008 transactions and readers should be made aware of the current market for such projects. Before moving on, to be noted is that the effective date of the Las Brisas appraisal (Ellis?s sample Appraisal 3) is Feb. 10, 2006; given that the subject value of Transaction 9, Choco 10 in Ellis?s Table 6 was listed as $353 million for a 95% interest in the con-cession, I am uncomfortable accepting that the acquisition was suddenly worth the adjusted value of $1,205 million (as given in Ellis?s Table 7). In some cases, illiquidity discounts can apply, and commodity-wise, in the one-month period between the acquisition in January 2006 and the adjustment to the Las Brisas conditions as of February 10, 2006, the indicated gold price change was only 41 cents/g ($12.60/oz); i.e., from $17.50/g to $17.91/g ($544.40/oz to $557/oz).

Jan 1, 2012