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By H. M. Wells

The investment decision under uncertainty by H. M. WELLS, Pr. Eng., M.Se. (Fellow) The future outcome of a proposed investment is uncertain at the time the decision must be made to accept it or reject it. This uncertainty can be expressed in the form of a probability distribution. An attempt is made to rationalize the investment decision under these circumstances, especially when the range of possible outcomes extends into both the acceptable and unacceptable domains. A rigorous definition of risk is proposed, and a criterion of risk aversion is developed that forms the boundary between acceptable risk and unacceptable risk (called the loss limitation line). It is shown that this decision criterion can also serve as a quantitative yardstick in the evaluation of various possibilities for 'tailoring' the proposal to mlke it more compatible with the particular financial circumstances of the company concerned.

Jan 4, 1976

By R. R. Mankowski

The work described here is an extension of current theory applied to obtaining the power dissipated at the wavefront of a transverse disturbance traveling along a mine hoisting cable. A previously derived empirical relation is adapted to the present problem, and is solved by use of a Lagrange-type reference frame moving with the wavefront. As a result of tie limitations inherent in the original relation, only a lower-bound for the domain of predicted power losses is defined. A qualitative assessment of conditions leading to the undesirable effects of internal frictional losses at the wavefronts are discussed in terms of the operating environment found on typical mining installations

Jan 1, 1990

By J. A. L. Napier

An analytical solution to the best choice of cutoff grade for a mine is deduced for an assumed model of selective mining. It is found that this choice is determined by the constancy of a special function, the Hamiltonian, over the life of the mine. It is suggested that the appropriate constant value for this function should be determined by the expected long-term average of the paylimit. In that case, the optimum profile can be calculated at each point in time according to the prevailing working cost and product price. In particular, a decision can be made between operation at the true paylimit or at the subsidized paylimit implied by either the lease and tax formulas or the assistance formula for gold mines. It is also shown how the basic formulation can be extended for 'use in the determination of the optimum joint paylimit for two products over the life of the mine.

Jan 1, 1983

By L. A. Cornish, B. Eatwell

Austempered ductile iron (ADI) is a ductile iron which has had its matrix toughened by an austempering process. The alloy exhibits remarkable properties, which it owes to a unique microstructure comprising graphite nodules embedded in a matrix of acicular ferrite and carbon-enriched austenite. The properties include high strength combined with high toughness and ductility. Excellent wear resistance is also exhibited because, under strain, the austenite is transformed locally to martensite. Samples of ductile iron were austempered to produce grades I and IV AD!, and were tested at various strain rates. The grade IV ADI exhibited higher strengths and lower difficulties, and the strengths were found to be more dependent on strain rate. Transformation to martensite was more prevalent at the lower strain rates. A mechanism of increased flow stress and work hardening in the austenite of the matrix is proposed to explain the higher strength of the samples at high strain rates, where significantly less martensite is formed in the matrix.

Jan 1, 1995

By G. D. Schena

The issue of evaluating the economic impact of large mineral projects in developing countries was studied by the use of econometric models. The evaluating system is demonstrated by its application to an example from Namibia. Three-dimensional graphics are used to illustrate the procedures leading to an assessment of the economic effects of the mineral development. The analysis allows the assessment of the overall economic consequences of mineral developments where there is a need to incorporate in the evaluation issues that are broader in scope than the pure financial objectives. Sets of technical coefficients are exploited for the development of input-output models of the productive structure of an economy. The models are refined to incorporate country-specific behaviours. The increased flexibility of the enhanced semi-input-output model permits a more confident investigation of the economy wide effects associated with a new project in the mineral sector of a developing country. Synthetic measures of profitability at market and shadow prices are introduced, and the cost/benefit ratio is used to rank mineral projects according to their economic profitability. The cost is the capital mobilized for the development of the project and for increasing the productive capacity of the related satellite industries. The benefits are identified with the economy-wide increase in value added induced by the project. 80th costs and benefits are initially valued at market prices. Their ratio is likely to be an index of economic profitability superior to measures that concentrate exclusively on the benefit side of projects. To allow for market distortions, the concept of shadow prices is introduced, and accordingly project-related costs and benefits are re-evaluated. A new cost/benefit ratio at shadow prices is recalculated, which is more meaningful to the policy-maker than decision-making based on socio-economic issues.

Jan 1, 1993

By D. Menne

An empirical dimensionless correlation is presented that relates system variables to the superficial slip velocity between solid mineral products and an interstitial fluid. The correlation is valid within engineering accuracy for all solids and fluids at all concentrations. The particular usefulness of the correlation is that it provides explicit equations for both slip velocity and voidage.

Jan 1, 1983

By S. Z. Shkundin

An evaluation of the accuracy of tachometric and hot-wire anemometers in mine workings and gas-media ducts is given. The acoustic means of gas flow rates measurement is considered with particular reference to the equations of acoustic waves propagation in aerodynamic fields. The paper defines how it is possible to minimize the error of integrating acoustic anemometers.

Sep 1, 2001

By F. J. J. Blaauw

This paper discusses a bold venture into the use of interactive computer graphics technology as the foundation of an overall integrated mining managerial system. The wide range of applications that can be addressed through the use of this technology is highlighted, and some discussion of the major facts of this project, which is still in its early stages, is provided.

Jan 1, 1987

By M. Rudolph, R. Tolosana-Delgado, E. Schach, M. Buchmanna, G. van den Boogaart, U. Peuker

The multidimensional characterisation of processes based on various particle properties is a key requirement for a detailed prediction on certain process streams. To access the relevant particle properties (e.g. particle size, particle density and mineral content) automated mineralogy (i.e. Mineral Liberation Analyser) is applied. The kernel density estimation is used to transfer the received discrete particle data into continuous distributions without the necessity of binning the information and the related loss of information. From these continuous distributions, multidimensional separation curves are estimated. The uncertainty of these representations is tracked via bootstrap resampling. For the evaluation of the separation efficiency of the multidimensional separation curves, the statistical entropy is calculated. The statistical entropy represents a local (for each property combination) as well as a global (for the investigated property range) measure of separation efficiency and can be weighted with various property distributions (e.g. mass or mineral mass distribution) to allow for a comparison of different parameter settings and processes. With the help of a case study of a dry magnetic separation of a cassiterite bearing skarn ore from the Erzgebirge (Germany), the methodology is presented and the results are discussed in detail. Keywords: Multidimensional, magnetic separation, kernel density estimation, mineral liberation, statistical entropy

Jan 1, 2020

Brigadier R. S. G. Stokes of Sherborne, Dorset, is the oldest surviving member of the South African Institute of Mining and Metallurgy. He joined in 1904 and has been a member for 77 years. Book review Sittig, M. Hand book of catalyst manufacture. Park Ridge (U.S.A.), Noyes Data Corporation, 1978. The detailed information in this book is based on patents issued in the U.S.A. that deal with catalysts and their commercial technology. Project management The South African Institute of Mining and Metallurgy is to hold a Colloquium on Project Management in the Metallurgical Industry in March 1980. Ingenieurs-in-opleiding in die weermag Op 'n onlangse vergadering van die Suid-Afrikaanse Raad vir Professionele Ingenieurs is daar besluit om kwytskelding van jaargeld aan geregistreerde ingenieursin- opleiding wat tans met hulle tweejaar nasionale diensplig besig is, te verleen met dien verstande dat.... Engineers-in-training in the army At a recent meeting of the South African Council for Professional Engineers it was resolved that a remission of annual fees would be granted to registered engineers in- training who are doing compulsory two-year national service, provided that.... Processing of fine particles The Society of Mining Engineers of AIME is organizing an International Symposium on Fine Particles Processing, which is to be held in Las Vegas from 24th to 28th February, 1980. Economics of precious metals International Precious Metals Institute announces a Special Course for all interested in economic aspects of today's precious metals.

Jan 1, 1979

By Kym L. Morton

Ground water and associated pore pressure represent elements which can have a negative impact on surface mining and slope stability. Ground water flow and deformation within a slope influence each other. An increase in pore pressure will result in a decrease of effective stress; and conversely if the pore pressure decreases, the effective stress increases. Slope analysis and slope design calculations require good information on pore pressure distribution around an open pit excavation. Until recently very little pore pressure data was available and assumptions had to be used. Location and design of measuring points depend on geological and structural setting, geotechnical domains and practicality. Good planning and the use of sensitive point piezometers to measure in situ pore pressures means that real-time data can be collected and used for the construction of flow nets, the determination of pore pressure distribution around an open pit mine, the validation of the dewatering/depressurization requirements, the calculation of the efficiency of the dewatering system and finally the use of pore pressure data in slope stability analysis. The recommended layout for a monitoring system, types and design of piezometers, data collection and use of the pore pressure data are presented.

Jan 1, 2008

By R. M. G. Machunter

The use of testwork to establish an economically feasible separating plant has been a long established practice in the mineral processing industry. However, uncertainties in orebody characteristics and equipment/plant operation can have a significant impact on the separation performance of a given project. This paper explores the impact of uncertainties derived during testwork at key processing stages on the overall performance of mineral processing flowsheets. Case studies for both mineral sand and iron ore projects will be used to illustrate the concepts studied in this paper.

Jan 1, 2007

By H. A. Uys

The metallurgy of tin smelting In a submerged arc furnace By H. A. UYS, Ing. Metallurgy (Pretoria) (Visitor) The control of tin smelting demands a knowledge of slag characteristics and of the equilibrium reaction that governs the process. These factors are explained by reference to the tin-smelting operation at Iscor, Vanderbijlpark. In the primary cycle, it is important to obtain the highest possible FeO content in the slag. In the secondary cycle, a primary slag high in FeO gives a hardhead (iron-tin alloy) high in iron, which is essential if a high ratio of FeO to SnO is to be obtained in the secondary slag. This determines the economy of the smelting operation: the iron that is introduced into the system from the ore concentrate must go out in the secondary slag. Additions of lime are necessary in the secondary cycle but must be limited if the volume of slag is to be kept Iow.

Jan 1, 1977

Prediction of the performance of explosives In bench mining by C. M. LOWNDS, B.Se. Hons (Rhodes), Ph.D (Cape) (Visitor) Some of the problems encountered in the calculation of the relative weight strength of explosives are discussed, and a realistic model of the behaviour of explosion products in a borehole is proposed. The heat flow from condensed to gaseous products is calculated as a function of time, and the relationship between the pressure and the volume of the product gases is found by a consideration of the compression of the rock between radial cracks. Work done on the burden is assumed to cease when the cracks first appear at the face. Reasonable values of burden and crack velocities are obtained from the model. Calculations of the relative weight strengths of aluminized mixtures of ammonium nitrate and fuel oil show that the increased density resulting from the addition of aluminium is the main advantage to be gained.

Jan 2, 1975

By H. S. Sichel

Statistical valuation of diamondiferous deposits By H. S. SICHEL, D.Sc The valuation of diamondiferous deposits depends on (i) the density distribution, (ii) the size distribution of stones and (iii) the selling price structure prevailing at a particular time. In the density distribution the stochastic variable is defined as the number of individual stones found per sample unit irrespective of the stone size. The density distribution is discrete and allows for barren sample units. As diamonds often occur in clusters, a Poisson mixture distribution is derived which is entirely new, as existing discrete distributions cannot represent the stone number frequencies found in nature. For the sizes of diamonds, which are measured by weight, a new compound logarithmic normal distribution is developed. Combination of (i), (il) and (iii) leads to a meaningful appraisal of diamondiferous ground expressed in monetary value per production unit of mining. Finally, confidence limits are calculated which allow for inferences from sampling to recovery.

By A. Hinde, M. H. Moys

Tailings from metallurgical plants, when deslimed with hydrocyclones, provide a valuable source of material for the backfilling of mines. The effectiveness of this material as a support medium is a sensitive function of its particle- size distribution and water content. It is therefore important that the hydrocyclone-classification plants used to prepare the backfill are operated efficiently, and that the effects of feed disturbances on the composition of the backfil are minimized. This paper addresses the problem of the design, control, and optimization of classification plants to satisfy this need. The development of a computer program to simulate the dynamic behaviour of a hydrocyclone circuit of any given configuration is described. The use of the simulator to investigate the relative performance of conventional and innovative control strategies for single-stage and two-stage circuits is discussed in depth. The results of simulation studies are presented that indicate there is considerable scope for improving the performance and cost-effectiveness of backfill-classification plants.

Jan 1, 1991

By P. Smit

Health hazards of South African . mIne water by P. SMIT, M.B., Ch.B., D.T.M.H., D.P.H. (Visitor) The water supply in South African mines is not as good as most mining engineers would like to believe, nor is sufficient care taken to ensure the safe dispensing, transportation, and consumption of water. As long as cases of dysentery and typhoid continue to occur in large numbers, it can be assumed only that the water supplies are not safe, or that the water-dispensing methods are poor. A dual water supply is a real health hazard. The ideal water supply is a single safe source for human consumption and industrial use.

Jan 4, 1977

By P. J. D. Lloyd

This fascinating paper deserves study by all who are interested in the economics of gold production. The argument in the paper that price is determined by the balance between supply and demand may be thought to be obvious. However, correlation analysis presumes causality, and there is some evidence in the paper to suggest that causality is absent in this market.

Jan 1, 1984

By B. K. Loveday

There are certain ores that can be treated without upgrading (e.g., gold and uranium ores), and upgrading needs to be considered only for fairly low-grade ores of this type. If the grade is very low, treatment will not be economic even with upgrading, and there is therefore a limited range of ore grades for which upgrading is suitable.

Jan 1, 1980

By F. Trabzuni

Elutriation of solid reactants from fluidized bed reactors can affect their process performance and efficiency greatly. Chlorination fluidized bed reactors for selective conversion of solid metal oxides to metal chlorides are used widely these days. This study provides a platform for a proper understanding of reactant solid characteristics and solid shrinkage interaction with elutriation rate constants using multi-sized particles, sand-like, ?Geldart B? chloridable materials. The study has found that actual elutriation rates of the reactive system are influenced by complex parameters? interaction including bed diameter, reactor freeboard height, bed minimum fluidization velocity, and reactant?s physical properties.

Jan 1, 2009