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By Ö. Erdem

The investment decision making process in the insurance and finance industries is affected by new advances such as simulation techniques. These advances have improved the discounted cash flow method (DCF). In DCF, a dynamic and flexible model construction is not possible because it does not consider uncertain conditions. Each project should be evaluated taking into account the related uncertainties because the related uncertainties determine the characterization of the project. Related uncertainties can be processed in dynamic DCF, which is applicable to both financial and non-financial industries with different kind of uncertainties, such as power generation and petroleum projects. The dynamic DCF method can estimate net present value (NPV) while managing related project uncertainties with a simulation method like Monte Carlo Simulation. The simulation method is preferred because its output is unbiased. Therefore, a more realistic financial evaluation of the project can be concluded. In spite of the improvement of dynamic DCF, this project evaluation method is not used frequently in mining industry. However, the mining industry is ideally suited to this concept because it is highly dependent on estimations such as orebody size and ore grade. During the project evaluation stage, these uncertainties can be included with the dynamic DCF method. This study aims to contribute to increasing the usage of this method in mining projects. A copper reserve in Turkey is selected as a case study to apply uncertainty assessment for the evaluation of NPV.

Jan 1, 2012

By N M. Caira

The North Arm of Sulawesi hosts numerous gold and base metal occurrences. Compilation and analysis of geological, tectonic, geochemical and isotopic age date data collected over the past six years on the central part of this region have resulted in the definition of 184 prospects and mineral occurrences of various styles occurring in diverse geological settings representing varying tectonic environments and erosional levels. Mineralisation of the following styles have been recognised: porphyry Cu-Au; porphyry-related gold and base metal veins; high-sulphidation Cu-Au-As; low-sulphidation epithermal Au; hydrothermal breccias; and sediment-hosted Au mineralisation. Clusters of occurrences/prospects form mineralised districts representative of magmatic systems with characteristics determined by the tectonic environment prevailing during formation and the subsequent level of exposure by erosion. Distinctly different Miocene and Pliocene porphyry systems are now recognised whilst most of the remaining epithermal mineralisation is thought to be Pliocene or later. The central North Arm of Sulawesi is composed of a Miocene magmatic island arc that is built on an Early Tertiary basement of predominantly oceanic basaltic rocks and overprinted by a Pliocene magmatic arc. A structural fabric dominated by SSE arc-normal and ESE arc-parallel faults was established during the Miocene under a dextral wrench regime and intersections of these major fault sets are favoured sites for Miocene porphyry Cu-Au mineralisation. Strong dextral tension caused by the collision of the Sula Platform, at the close of the Miocene, led to arc-parallel rifting. Sinistral reactivation of the major Miocene structures in the Pliocene led to further rifting, and ENE-dilation. Pliocene intrusions and related mineralisation exploit these dilatant settings. Miocene porphyry Cu-Au mineralisation occurs where late-Miocene quartz diorite stocks have intruded the margins of earlier Miocene plutons of intermediate composition. Porphyry centres have associated peripheral base metal veins, and skarns. Overprinting of porphyry vein sets by epithermal veins is common. Sediment-hosted gold mineralisation occurs in calcareous sediments associated with the Miocene arc. Remnants of the Pliocene volcanic arc, comprised of dacite volcanics, intrusions and voluminous pyroclastics, dominate the south coast and host porphyry Cu-Au, high sulphidation Cu-Au-As deposits, low-sulphidation epithermal Au veins and disseminated gold mineralisation. In some prospects, mineralised sinters are preserved adjacent to vein systems and deeper mineralised stockworks. Diatremes are common and large caldera structures have been identified. Pliocene stocks and porphyry dyke swarms penetrate the main central and northern parts of the Miocene- arc introducing additional porphyry Cu-Au, base metal hydrothermal breccias and low-sulphidation gold veins. Rapid uplift and erosion has resulted in a highly variable preservation of styles of mineralisation adding further diversity within the mineralised districts and telescoping within deposits.

Jan 1, 1999

The construction of the pipeline was completed in June 1956 and the line placed into operation in December 1956, ie. it has now been in continuous operation for approximately three years under an operating pressure of up to 350 lb. p.s.i.In reviewing the operating experiences of the line we must consider three major factors, which are:(a) The effectiveness to date of the protective methods for prevention of corrosion of the pipeline, ie. the preservation of the asset.(b) The maintenance of the line in regard to interference as to its stability which could be occasioned by erosion of the line, land-slides, accidental interference by the public, or construction authorities, etc.(c) The operating techniques employed.PROTECTIVE METHODS OF THE PIPELINESo to permit a clearer appreciation of the effectiveness of the protection of the! steel pipe against corrosion, I will briefly describe the methods used in the construction of the line.The line, which is 18 in. O.D. by %6 in. thickness steel pipe, is located approximately It miles south of the main Melbourne/Gippsland electrified railway.The steel from which the pipe was manufactured conforms to ASA.A33-1937 with the following modifications.Minimum elongation on a 2 in. test specimen...

Jan 1, 1960

By Denis Dwyer

[This paper describing mining, treatment methods, and costs at Plant No. 1 of the Western Indiana, Gravel Co. at Lafayette, Ind., is one of a series on gravel and sand mining being prepared for and published by the U. S. Bureau of Mines. These papers are designed to disseminate technical information regarding the methods used. The cost tabulations represent operating expenditures only and not total costs. It is recognized that publication of total costs might in many instances cause embarrassment to individual producers, as well as to industry as a whole. On the other hand, operating costs are essential to e technical discussion and study of the methods employed, The attention of the reader is specifically called to this differentiation in order that no Misunderstanding of the scope of the cost tabulations shall ensue.]

Jan 1, 1933

By Paul J. Guay

This report presents the results of evaluating a longwall mining system specifically designed to extract a very deep web (60 inches or deeper) from a longwall panel. The report includes a productivity and cost analysis comparing the new mining sys-tem with a high capacity conventional longwall operation taking a 30-inch wide web. The analysis shows the new system will increase annual production 44 percent and decrease cost per ton off the face 21 percent. The report also includes conceptual drawings and specifications for a high capacity four-drum shearer and a unique shield type of roof support specifically designed for very wide web operation. The advantages and problems associated with wide web mining are discussed in general and as they relate specifically to the equipment selected for the new mining system. The study concludes by recommending that surface coal loading tests be conducted as the follow-on work.

Jan 1, 1978

By Francis Church Lincoln

"INTRODUCTION During the period from September 18 to November 27, 1944, the Bureau of Mines conducted an investigation and exploratory churn-drilling program in an area immediately north of the Crow Branch Diggings, a district lying approximately 2 1/2 miles southwest of the town of Livingston in Grant County, Wisconsin.The work was undertaken as part of a general Bureau of Mines investigation of the zinc-producing area of southwestern Wisconsin at a time when all effort was being made to increase the production of metals important to the Nation's war prrgram.Although no mining has been done in the district in recent years the Crow Branch Diggings were an important source of galena and may be found today in the dumps remaining from old surface-mining operations.The Bureau of Mines undertook an exploratory churn-drilling program on the northwestern projection of the general strike of the digging in a zone where subsurface,lead and zinc mineralization had been reported from drilling done in the early 1900's."

Feb 1, 1947

By William Brundan

INTRODUCTION The Srisailam Left Bank Canal (SLBC) Tunnel Scheme is part of the Alimineti Madhava Reddy Project in Andhra Pradesh, South India. This scheme has been planned since 1983 and will provide irrigation facilities to drought-ridden areas in Andhra Pradesh. Water will be transferred from the Srisailam Reservoir during the monsoon months to 0.3 million acres of farmland and will also provide drinking water to villages en-route. The paper will address the design and onsite assembly of the Robbins Double Shield TBMs for Tunnel-1 of the SLBC tunnel scheme from planning to start-up of the machines. Also, it will provide a current status of the project and describe the advantages of a site assembly. Problems encountered to date and the solutions adopted will also be described. The project comprises over 50 km of tunnels and involves construction of the world?s longest tunnel without intermediate access. The TBM tunnels at 43.9 km in length and 10.0 m diameter will cross the Amrabad plateau, containing a wild life sanctuary and India?s largest tiger reserve, the Rajiv Gandhi. Jaiprakash elected to excavate the tunnel using two tunnel boring machines, rather than by drill and blast, in order to alleviate surface disturbances to environment and the tiger reserve, wild life sanctuary, and protected forestry areas. The Project was awarded to the Main Contractor Jaiprakash Associates Ltd with The Robbins Company as the Tunnel Boring Machine (TBM) supplier in August 2005. The Robbins Company supplied the TBMs along with two continuous conveyor systems and all spares and consumables to complete the tunnel excavation.

By V. Arslan

In this study, effects of the inert constituents, such as ash, and the effect of blending coals with differing rank and composition on the plasticity of coal blends were investigated. The reference coal originated from the Zonguldak region, in the north-west part of Turkey. Firstly, the effect of coal ash on the plasticity of Zonguldak coal was determined. Secondly, the relationship between the plastic properties of the individual coals and those of the blended coals were identified. Some important relations were found, related to the characteristics of the individual coals. Ultimately, the manner in which the plasticity of Zonguldak coal was affected by blending with low volatile coals was investigated. Keywords: coal blending, coal plasticity, coke, fluidity, rank.

Jan 1, 2006

By G. H. Sedahmed, S. A. Nosier, M. H. Abdel-Aziz, A. A. Mubarak, M. A. El-Naggar, E. G. Abdel-Aziz

The performance of a rotating fixed bed reactor in recovering copper from industrial waste solutions by cementation is studied under various conditions. The rotating fixed bed is made of stacked woven steel screens to take advantage of two features of screens: the ability to present large area per unit volume and their ability to promote high turbulence. Variables studied are initial CuSO4 concentration, bed rotation speed, mesh number of the screens and bed thickness. The presence of baffles was found to increase the rate of cementation. The data were correlated by a dimensionless mass transfer correlation suitable for the design and operation of large scale cementation reactors.

By G. H. Sedahmed, S. A. Nosier, M. H. Abdel-Aziz, A. A. Mubarak, M. A. El-Naggar, E. G. Abdel-Aziz

The performance of a rotating fixed bed reactor in recovering copper from industrial waste solutions by cementation is studied under various conditions. The rotating fixed bed is made of stacked woven steel screens to take advantage of two features of screens: the ability to present large area per unit volume and their ability to promote high turbulence. Variables studied are initial CuSO4 concentration, bed rotation speed, mesh number of the screens and bed thickness. The presence of baffles was found to increase the rate of cementation. The data were correlated by a dimensionless mass transfer correlation suitable for the design and operation of large scale cementation reactors.

By John C. Machisak

STATISTICAL data on injuries and employment pertinent to metal mines and to their mills, and/or processing plants are presented in this Information Circular for the calendar year 1960. The information pertains to metal mines, as well as ore-dressing plants and primary nonferrous smelters, refineries and reduction plants, and their auxiliary works. These data are voluntarily submitted annually to the Bureau of Mines by the operators, and contribute greatly toward the promotion of safety in the mineral industries. The data presented are classified according to the principal mineral produced and include information on copper, iron, lead-zinc, gold-silver lode, gold placer, uranium-vanadium and miscellaneous metals. A breakdown of miscellaneous metals by commodities is shown in table 19, page 41. The data also relate to workers engaged in production, exploration, development, construction, and maintenance and repair work, as well as supervisory personnel and office-workers at the mine or plant site. Injury and employment data at metal mines and metallurgical plants in the United States for 1960 are shown under the following general sections: 1. General injury experience: Tables I-5-Data on injuries, injury-frequency and severity rates and related employment data, work location, and degree of injury.

Jan 1, 1963

By H. H. Murray

The largest reserves of palygorskite in the world are located in Anhui and Jiangsu Provinces in East Central China. The deposits are Middle Miocene in age and range from 3 to 6 m in thickness. The deposits are the alteration product of basaltic volcanic ash. The Chinese Geological Survey estimates the palygorskite reserves are in excess of 200 million tons. The elongate particle shape results in unique colloidal properties. Large quantities are exported to Japan, Taiwan, Southeast Asia, New Zealand, Australia, and West and Gulf Coasts of the United States. The markets include agricultural carriers, paint, joint tape compounds, animal feed binders, catalyst support, drilling muds, and suspending agents for chemicals, pharmaceuticals, and medicines. The viscosity is high and the quartz content is generally 5% or less.

Jan 1, 2009

By A. D. Engelbrecht

An investigation was undertaken to ascertain the suitability of four selected low grade, South African coals for gasification in a bubbling fluidized bed for production of synthesis gas and for the development of integrated gasification combined cycles (IGCC). This study consisted of the characterization of the coals, laboratory evaluation of intrinsic reactivity, and experimentation with a pilot-plant fluidized bed gasifier. Results of the characterization experiments show that the selected coals are high in ash, rich in inertinites, very dense (low porosity), with low caking indices and high ash fusion temperatures. Reactivity measurements with a thermogravimetric analyser (TGA), under reaction rate controlling conditions with carbon dioxide, showed that the reactivity of the coal chars decreases with increase in rank of the coal, as expressed by the vitrinite random reflectance and carbon content of the parent coals. The fixed carbon conversion achieved in the fluidized bed gasifier also correlates well with the rank parameter of the coal, with higher conversions being obtained with the lower rank coals. Thermal shattering and attrition of the coal particles produce significant amounts of fines, which correlate with the grindability indices, and no agglomeration (non-caking) was observed. It is concluded that fluidized bed gasifiers are able to utilize typical low grade, high ash South African coals for synthesis gas production and for inclusion in integrated gasification combined cycles for power generation.

Jan 1, 2010

By Robert Labbe

The final tunnel lining for this project involved pumping vast quantities of concrete over large distances under the extremely busy streets of lower Manhattan. Approximately 68,000 cubic meters (89,000 cubic yards) were pumped from various locations over 152 meters (500 feet) below ground (Figure 1) to create nearly 14.5 kilometers (9 miles) of 3.05 meter (10 foot) diameter tunnel. Total distances pumped exceeded 1,645 meters (5,400 feet) horizontally after a vertical difference of over 152 meters (500 feet). The urban setting of the operation, coupled with the long distances over which concrete was pumped, created many problems which had to be dealt with along the way. A three-shift labor operation was implemented to allow sequential pouring of tunnel sections nearly every day. The fine tuning of the mix design was critical to make this operation successful.

By E. H. Jr. Dix

THE use of magnesium as an alloying element in aluminum alloys has been limited, in general, to comparatively small quantities. In duralumin-type, strong-aluminum alloys, magnesium is present to the extent of ½ to ¾ per cent. and various grades of Magnalite and the "Y" alloy of the National Physical Laboratory of England contain up to 1 1/2 per cent. In this country small quantities of aluminum alloy sheet containing 4 per cent. magnesium are produced commercially. All commercial aluminum contains sufficient silicon to convert a portion of the magnesium added to the compound Mg2Si. It is well known that the solubility of both magnesium and magnesium-silicide decrease with decrease in temperature. It is, therefore, impossible to separate the age-hardening effect of the magnesium-silicide from that of magnesium, except by the use of aluminum of such high purity that the silicon content is negligible. The present paper is the fifth1, 2,3,4 of a series from the laboratories of the Aluminum Co. of America reporting the results of investigations of the equilibrium relations in aluminum-rich alloys made from the high purity aluminum manufactured by this company .5

Jan 1, 1929

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 R. Armstrong

Due to limited available level ground, Nkomati Nickel Mine cut a weathered rock slope at the base of a mountain spur in order to create a platform for construction of the primary crusher plant and run-of-mine stockpiles. As space is limited around the mining area, ore processing at Nkomati is based on a high reliability of flow of material through the crusher plant, with minimal usage of other and larger designed stockpiles. Evidently, any crusher plant shutdown will render the mine as a whole unproductive and put excessive strain on the medium- to long-term large ore stockpiles, the deposition rates for which are restricted by founding material consolidation requirements. At the onset of the 2012 rainy season, movement was identified on the slope monitoring system and cracks developed on the slope. After a minor failure on the crusher slope an assessment of the slope stability was conducted and a slope management plan recommended, which included deployment of real-time monitoring. An evaluation of the conditions leading to instability was conducted and the likely causes for the failure identified. A full evaluation of the slope monitoring, rainfall, and mining conditions was undertaken and movement triggers were determined. This paper describes the events leading to the development of the failure and the evaluation of the monitoring data to determine a management plan for the failure that allowed for minimal shutdowns of the primary crusher.

Jan 1, 2014

Australia's iron ore industry is entering a challenging period with the development of new orebodies, the introduction of new products and the push for further downstream processing. In addition, the recent price reductions for iron ore exports have intensified the focus on reducing capital and operating costs. To assist in these areas, CSIRO is expanding its research capabilities, including the incorporation into CSIRO of the Mineral Processing Laboratories in Perth, which were previously managed by the WA Department of Minerals and Energy. In addition, a large part of the $24.4 million expansion of CSIRO's Pinjarra Hills laboratories in Brisbane will be devoted to enhancing iron ore processing research, providing purpose built laboratories and large process bays.

Jan 1, 1999

By E. Nickel

"Bi- and multilateral banks as well as export credit agencies in the OECD countries, but also numerous commercial banks, last year committed themselves to compliance with the World Bank’s standards. These environmental and social guidelines, also known as the Safeguard Policies, are the strictest international standards in the area of financing of major investment projects. The Safeguard Policies are procedural and quality guidelines by means of which socially and environmentally relevant impacts can be taken into account in the planning and implementation phase of a project. Objectives of the Bank Safeguard Policies are to ensure that environmental and social issues are evaluated in decision-making, to reduce and manage risk of projects and programs, and to provide a mechanism for consultation and disclosure of information. They are often referred to as the "10+1 Safeguard Policies," since ten of the guidelines address environmentally and socially relevant issues, while one guideline is exclusively concerned with public participation ("Public Disclosure"). In the presentation, the transparency of risk management measures and emergency response plans in pipeline projects will be discussed as an indicator of sustainability. The discussion is to be carried out on the basis of the results of an evaluation of several major pipeline projects, which have been financed at least in part by multilateral banks over the past few years. The controversies surrounding some of these projects due environmentally and socially relevant impairments connected with the investments have also been addressed by the Extractive Industry Report of the World Bank. Pipeline construction was the investment type chosen for the examination to be presented here, since pipelines frequently start in remote, unspoiled regions, and their routes often cross various natural zones and areas with various social structures. The question of safety during construction and operation of the line is always central to these projects; not only for the responsible authorities but also for other societal groups involved, such as environmental associations."

Jan 1, 2005

The objective in control blasting is to reduce overbreak to control the final pit wall slope, shaft, drift, ditch, bench, etc. to the final planned excavation limit.

Jan 1, 1991