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By S. Power Warren

Introduction It is generally conceded by flotation men that the condition at the surface of a particle of mineral or gangue is the most important factor controlling its behaviour in a flotation cell. Much research work has been devoted to the study of the forces that are active at the surface of the particle and of the effect of the surrounding solution upon these forces. Study of the relationship between mineral or gangue particles and gas bubbles indicates that, in the main at least, flotation is a physical phenomenon. The important factor, that of mineral-gas-bubble attachment, is unquestionably physical; however, modifications may be effected by chemical means, whereby the nature either of the surface of the particle or of the surrounding solution may be changed. For example, the coating of lead sulphide that forms on lead-carbonate ore particles when sodium sulphide is added greatly aids the flotation of the carbonate particles. Without going into the question as to why, under certain surface conditions, mineral particles will attach themselves to gas bubbles whereas under other conditions they will remain unaffected, it may be stated that there are three general conditions in a flotation pulp which control the attachment of the particle and the gas bubble.

Jan 1, 1933

By Arnaud Faucher, Claude Bazin, Marilène Renaud, Mohamed Mai Manga

"Grinding circuits are operated in the presence of disturbances due to ore changes and equipment malfunctions. One of the challenges faced by the operators is the detection of a disturbance, the identification of its origin and of the action needed to minimize its impact on the process. Hydrocyclones overloading, worn or partly plugged apexes of the units of a nest, surging and internal liner detachment may cause a loss of classification capacity and quality. Recovery losses in downstream leaching or flotation circuits justify the effort in developing techniques for the detection of hydrocyclone malfunction. Two approaches for the detection of hydrocyclone fault are presented in this paper. The first proposed method uses the conventional sensors available in a grinding circuit allowing real time detection of hydrocyclone abnormal operation. The second technique is based on the use of vibration sensors installed on the hydrocyclone of a nest. This last technique enables the classification of the hydrocyclone malfunction as surging, overloading and plugged apex. The two techniques can be combined to increase the robustness of the problem detection.INTRODUCTIONHydrocyclones are used for many purposes ranging from water separation, fines removal and obviously for the preparation of the feed for subsequent concentration circuits in a mineral processing plant. The strategic role of the hydrocyclones for the preparation of the feed to the concentration circuit is often underestimated because of their simplicity of operation and robustness (Napier-Munn et al., 1996; McIvor, 1988). It remains that despite their simplicity, hydrocyclones have been studied extensively from 1970 to 1990 with the objective of developing mathematical models of their operation to be incorporated into grinding circuit simulators (Napier-Munn et al., 1996; Lynch, 1977; Flintoff et al., 1987). Such a development effort is already an acknowledgement of the importance of these units in a mineral processing plant. Several authors (Del Villar et al., 1996; Plitt and Kawatra, 1979; Casali et al., 1998) proposed soft sensors to estimate the classification efficiency of hydrocyclones using sensor measurements. However, few of the proposed sensors are used in the industry. More recently several papers were published to discuss the application of 3-D modelling of the hydrocyclones (Narasimha et al., 2005; Cullivan et al., 2004) and sensors (Bond et al., 1999; Neesse et al., 2003; Hou et al., 1998; Olson and Waterman, 2004; Williams et al., 1995; Willams et al., 1997) to help in the detection of hydrocyclone malfunction."

Jan 1, 2010

By R. Agius, A. Nacu

"Cyanide destruction technologies are implemented at gold and silver operations to comply with the International Cyanide Management Code and meet ever more stringent discharge limits. Currently, the most common chemical cyanide destruction processes used in industry are sulfur dioxide/oxygen, hydrogen peroxide, and Caro’s acid. The cyanide destruction process used at an operation must reliably generate streams of acceptable quality at all times, and depends on numerous factors, including permit discharge requirements, tailings chemistry, location, site-specific climatic conditions and size of the operation. Selecting the most appropriate cyanide destruction process and determining the process design criteria requires accurate laboratory testing. This paper presents and discusses the results of a number of cyanide destruction evaluations that have been conducted to reduce cyanide concentration in process solutions or cyanidation tails. Laboratory testing provides important insights into reagent consumption and other factors required to achieve the target residual weak acid dissociable cyanide (CNWAD) levels.INTRODUCTION Process solutions associated with the extraction of gold and silver contain several forms of cyanide. The most toxic form of cyanide is free cyanide, which can be present as a dissociated cyanide anion (CN-) or gaseous or aqueous HCN. Weak or moderately stable cyanide complexes such as those of zinc, copper and nickel are classified as weak acid dissociable (CNWAD). Although less toxic than free cyanide, weak acid dissociable cyanide complexes are considered “ecologically sensitive” forms of cyanide and are regulated in most jurisdictions. In practice, reported WAD cyanide values comprises both free cyanide and weak acid dissociable cyanide complexes. Cyanide complexes with gold, mercury, cobalt and iron are referred to as strong acid dissociable complexes (CNSAD) and are much more stable, even under mildly acidic conditions. Another term commonly used in cyanide chemistry is total cyanide, which represents all cyanide compounds present in solution. Total cyanide levels in solutions are always equal to or higher than WAD cyanide values and the difference between the two usually indicates the presence of iron-cyanide compounds. Typically in Canada, CNTOTAL levels cannot exceed 1 mg/L in solutions discharged to the environment."

Jan 1, 2017

By Holt. Grover J.

"IntroductionThe history of iron ore production in the United States has followed a pattern not far different from that set in the production of non-ferrous ores; the first interest of the prospector and miner being the discovery and development of high-grade ores. In the early stages of development of most mining districts, high-cost low-grade ores are usually of slight interest due to the additional capital investment required in concentrating plants, as well as the increased requirements of •power and other facilities. As the reserves of higher grade ores are depleted and the technical knowledge of ore beneficiation is broadened, production of concentrates from the lower grade ores is stimulated.The real stimulus necessary to arouse serious consideration of beneficiated iron ore in the Lake Superior district has been provided by the serious inroads made in the high-grade ore reserves by two World Wars.The first shipment of high-grade iron ore from the Mesabi range in Minnesota was recorded in 1892, and the first token shipment of concentrates was made 15 years later, in 1907. Not until 1910 did the production of concentrates assume any great importance. A steady increase in concentrate production over the years is shown by the fact that, in 1910, concentrates accounted for 8 per cent of the total shipments from the State, whereas by the time of World War II this percentage had increased to 22 per cent and by 1948 had risen to 26 per cent. It seems a safe assumption that the shipment of concentrated iron ore, from the Mesabi range in particular, will continue to increase even more rapidly from now on, with other iron ranges of the Lake Superior district following this lead."

Jan 1, 1950

By Yong-neng Feng, Xiao-ping Chen, Wei Guo

"While the uniaxial compressive strength of rock has been extensively investigated, the relation between the saturation and natural compressive strength is relatively unexplored. This paper studies on 1865 statistical data of Chongqing Rail Transit Line 1 and Line 6, which located in the Middle Jurassic of Shaximiao formation. The research focuses on the relation between the saturation and natural compressive strength. The statistical data are categorized and quantified in order to ascertain the softening properties of sandstone and sandy mudstone. The findings suggest that the saturation compressive strength is significant effected by its natural compressive strength, and an empirical formula is introduced to explain the relation. These findings have implications for researchers and engineer who concerned with Chongqing rail transit construction.INTRODUCTIONIn the engineering construction and surrounding rock classification, the uniaxial compressive strength index (Ministry of Water Conservancy, 1995; Ministry of Railways, 1999) is one of the essential parameters of rock mass. Usually, there are two types of the uniaxial compressive strength index, natural and saturation compressive strength, and the ratio of them is the softening coefficient. Most of the previous studies on rock strength had focused on the influence factors (Liu et al., 2008; Liu et al., 1998; Liu et al., 2013; Wang, 2013; Zhang et al., 2008; Zhang et al., 2010; Zeng & Lin, 2003) with experiment and in-situ tests. But few publications that reports a long and formal research project on the relationship between natural and saturation compressive strength. In order to figure out this issue, this study investigated the distribution of Solidity Classification of Rock Mass and softening coefficient based on the statistical data of Chongqing Rail Transit Line 1 and Line 6. Based on the analysis, an empirical formula was proposed to explain the relationship."

Jan 1, 2015

By J. Armitage, J. Erskine

Feed level and thickness measurements are essential in the optimization of an electric arc furnace. A precise measurement of the feed thickness and level gives operators the ability to increase the smelter efficiency and reduce the maintenance cost. Hatch has developed a radar system which is an affordable, low maintenance, and accurate level measurement system. The radar units can be installed across the furnace to measure the feed level and the feed thickness can be calculated with one slag level sounding. The present paper describes the development of radar systems as a process optimizing tool by furnace controls. The authors will discuss the challenges involved in installing eight radar units on the roof of a six-in-line electric furnace.

Jan 1, 2015

By H. L. Ramandi, P. Moore

"The corrosion of support bolts in underground mines has become an increasingly prevalent issue over the past two decades. With an increase of premature failures due to Stress Corrosion Cracking (SCC), it is evident that understanding the environmental factor influencing the cable bolt corrosion is critical for maintaining effective ground support hence the safety and productivity of underground spaces. Experimental testing of rock and cable bolts were accomplished in a variety of packings, including saturated clay, saturated coal, mine water and grout/cement to investigate their corrosion behaviours. Water samples were obtained and analysed for pH and electrical conductivity (EC) during the experiment. After a period of 76 days the bolts were retrieved and analysed visually. Primary factors were found to be the presence of geological materials and the aeration of the bolts, i.e. the vicinity to air and air flow, while secondary factors were observed to be pH levels and EC. It was also found that the coal/clay interfaces and the water/grout/cement interfaces are non-relevant to corrosion of rockbolts and cable bolts. The proposed framework can be applied to other reinforcement materials used in underground spaces for improved understanding of corrosion environment.INTRODUCTION Rock bolts and cable bolts are the major reinforcement elements used in mining industry to improve the rockmass properties for safe and productive mining. They are normally used to pin large beams or blocks of rock in underground mines to stabilise the rockmass in the roof (strata) against collapse. The rockbolts are typically low cost hot rolled rebar while cable bolts are composed of strands of wire, normally wound together around a central king wire (Hyett and Bawden, 1993; Vandermaat, 2014). The typical length of the bolts in underground mines is 2.4 m and 4–12 m for rockbolts and cable bolts, respectively (Vandermaat, 2014; Windsor and Thompson, 1997). Cable bolts are much more flexible and usually offer a much higher load capacity than rigid rockbolts. Their increased length and flexibility allows cable bolts longer than the height of a roadway to be used in underground mines."

Jan 1, 2017

By H. P. Jacobi

"The last 25 years have seen tremendous economic pressure placed upon the base metal processor. Industry has responded with technological innovations that have contributed to significant reductions in capital and operating costs. Major changes in processing machinery and philosophy are highlighted for the main unit operations of a base metal mill. Changes in our attitudes on what is environmentally acceptable are also discussed.INTRODUCTIONNewton's law of motion paraphrased states that nothing will change unless there is a pressure to do so.Aase metal processing as a primary commodity related industry has been under severe economic pressure over the last 25 years. This has been brought on by over capacity from new operations in the L.D.C. 's, through material substitution in a host of traditional base metal applications and generally reduced world-wide economic activity. In addition to shrinking markets our collective environmental consciousness has raised effluent standards and workplace hygiene and the employee's as well as government's economic expectations of how much ought to be derived from ''nature's riches''.Industry has responded with technological changes which, it was hoped, would counteract the cost squeeze in which it found itself.I would like to briefly enumerate the major changes, as I see them, that have taken place in the main unit operations that form the normal processing chain for base metals.While the following paper will mention several brands of products, I would like to emphasize that these are the ones that I am most familiar with and is not to say that they are the only manufacturers which have contributed to changes. In fact it ls fair to say that all makers of mining and processing equipment have made improvements to their products, to a greater or lesser degree; they have had to, to still he in business in 1986."

Jan 1, 1987

By Donald Leroux, Colin Hardie

"New or improved mathematical models of mineral processing machines are published almost on a monthly basis. Often, these models can be calibrated from bench-scale test results and programmed using spreadsheet software to simulate different designs and operating conditions in open-circuit configuration. However, since mineral processing plants frequently operate comminution, separation and/or extraction machines in closed-circuit configurations, open-circuit simulations often have limited applicability.The simulation of closed-circuit configurations necessitates the programming of an iterative loop to bring the circuit to equilibrium. This can be done by using spreadsheet software but often requires advanced programming skills. As an alternative, LIMN® software, which simplifies the programming of closed-circuit configurations within spreadsheets can be used. This software was specifically designed to turn a Microsoft EXCEL® spreadsheet into a closed-circuit modeling and simulation platform with minimal programming.During the past few years, the Mineral Processing Group at the Noranda Technology Centre, has used this software for numerous projects which include the simulation of multi-stage cyclone circuits, closed-circuit regrinding and locked-cycle flotation tests. Using these projects as examples, the flexibility and the easy to use nature of the LIMN® software is demonstrated.INTRODUCTIONMineral processing engineers routinely have to make predictions regarding comminution and separation processes. Predicting the appropriate dimensions of equipment and the process response to changes in operating mode are probably the most common situations that they face. In all cases these predictions are expected to be rapid and accurate.Predictions made by engineers are frequently based on mathematical models. Many first principles, empirical, semi-empirical, steady state and dynamic models of mineral processes can be found in the literature. In fact, new or improved mineral processing models are continuously being proposed and in spite of this variety, process engineers often have to either develop their own or tailor existing models to suit their particular needs."

Jan 1, 2003

By K. Chattopadhyay

Fluid flows in metallurgical reactors play a vital role on liquid metal cleanliness for both ferrous and non-ferrous metallurgy. Thus, it is absolutely critical to understand different fluid flow mechanisms, and the use of computational methods to model the complex non-isothermal, turbulent, single- and multiphase-flows, has to be appreciated. The present case study emphasizes on controlling the flow of liquid steel in a tundish and enhancing liquid metal cleanliness. CFD modeling was used to build a robust mathematical model, and effects of flow control furniture and non-isothermal conditions were analyzed. The mathematical model was validated against water model experiments. Parameters that were conducive for inclusion removal were identified and implemented in the plant. Some flow control devices could increase inclusion removal to a great extent compared to the existing configurations. In cases, where a hot ladle was poured into a relatively cooler tundish, inclusion removal was better, whereas results were catastrophic in cases where colder liquid was poured from ladle to the tundish. Similar techniques can be applied for other liquid metals including light metals and non-ferrous metals.

Jan 1, 2015

By Zolfan F. Oszter

As exploration for new mineral deposits advances farther into the Canadian North, the more the design engineer is faced with the problems of cold weather conditions. This is especially true when designing belt conveyor systems for open-pit operations where the temperature in the winter may go to -40°F or below. Problems with the mechanical components and also with the belting will arise, which in turn may reduce the availability of the system. This paper outlines the problems encountered during cold weather operation and what precautionary measures must be taken into consideration in the design of equipment, as well as in the selection of materials, in order to ensure a system which will maintain production. THE conveying of ore and waste in the pit or to the processing plant poses problems during cold weather, when temperatures may drop to -4o?F or be-low. Troubles with the mechanical components, the belting or the supporting structure may arise, and this, in turn, will reduce the availability of the conveying system.

Jan 1, 1965

By M. Reda

Erosion corrosion is acceleration in the rate of corrosion attack in metal due to the relative motion of a corrosive fluid and a metal surface [1]. The increased turbulence caused by pitting on the internal surfaces of a tube can result in rapidly increasing erosion rates and eventually a leak [2]. Engineers and scientists in different disciplines have worked for many years on methods of complete protection from flow induced corrosion or partially reducing corrosion of this type, and they have proposed or applied different countermeasures [2]. The accident at the Surry-2 nuclear power plant (USA) and other similar incidents have once again disturbed the scientific-technical community. This has forced the plant operating personnel and the management to undertake wide-ranging measures in order to discover on time, assess, and monitor such cases. In these extreme cases, protective coating and even metallic bulk material coating (the substrate itself) may suffer considerably from mechanically induced damage [2]. At high velocities, the "leaching out" dissolution reaction of particular, for example, steel elements at the solid-liquid interface become the rate determining step. One practical example for the difference between erosion corrosion and flow induced corrosion is the famous steam eruption from a Japanese [3, 4] nuclear power plant cooling system at the pressurized water reactor (PWR), turbine and in the condenser-steam generator connecting pipe. The rupture occurred in the carbon steel pipe connecting the condenser and steam generator. The damage occurred in the easily eroded/corroded carbon steel at a vulnerable location downstream of an orifice plate, In general, when there is significant reduction in pipe thickness through erosion/corrosion, distinctive patterns are visible, but those patterns were not observed in this case, Thus one can speculate that another phenomenon is possibly controlling, Fluid flow within pipes reduces the pipe thickness leading to an eventual rupture, The thickness reduction mechanism is erosion/corrosion, One example is "cavitations corrosion", Erosion and corrosion occur at the same time, and it is difficult to determine which one is dominant, Therefore, the term, "erosion/corrosion," is used [5]. In the atomic energy field, the terms "Flow Accelerated Corrosion" and "Flow Induced Corrosion" are also used. It is the purpose here to show that during flow induced corrosion a different mechanism may possibly be operating and in some cases it can be different from the well known erosion corrosion. Another example is fretting failures in early Canadian nuclear steam generators which was thought to be due to excessive vibration caused by high.

Jan 1, 2010

By A. Vien, B. C. Flintoff, R. P. Edwards

"This paper provides a critical review of the development and application of advanced controls in mineral processing at the industrial level. These algorithms can be sub-divided into four broad categories: Kalman filter, self-tuning, extended horizon, and knowledge based or expert systems. Applications from each category are described outlining the benefits derived, the relative advantages of that particular controller, and potential limitations of the controller which may inhibit their more widespread application. The paper will conclude with a description of control algorithms which are currently in the rudimentary design stage, but may hold tremendous potential for mineral processing control systems in the next decade. INTRODUCTIONThe Canadian mining industry has a large installed milling base and many plants are run with manual or low level automatic process control. The competitive pressures imposed by the market will not allow these operations to ignore the significant increase in efficiency that can be achieved through the effective application of advanced process control. These improvements will come in the form of better quality, higher productivity and reduced costs.There have been quite a number of reports of successful applications of advanced control in mineral processing applications. As this trend continues, and more of the work is documented, the technology will be more effectively transferred to process and control engineers. It is the authors' opinion that the most difficult problems facing process control are not really technical in nature. Rather, they lie more in process control education. This extends from management, through engineering to the operators.The purpose of this paper is to provide a tutorial type overview of some of the more frequently encountered advanced control algorithms. The assumption is that the reader has a superficial knowledge of this technology. In the discussions which follow, several techniques are explored within the framework of simple process examples. Industrial examples are cited for each and an evaluation of the expected longer term potential is given."

Jan 1, 1992

By J. Desroches, J. Burghardt, B. Lecampion, A. P. Bunger

"We present detailed comparisons between theoretical predictions and experiments for the initiation of radial hydraulic fractures transverse to a wellbore. Most of these experiments provide a measure of the time evolution of pressure, length, opening and flux entering the fracture during the test. We compare all these measurements simultaneously to our theoretical predictions, thoroughly testing hydraulic fracture initiation theory, which is shown to be predictive. These comparisons notably emphasize the difference between the initiation pressure (the wellbore pressure for which the fracture initiates) and the breakdown pressure (a misnomer which simply corresponds to the maximum pressure recorded during the test). INTRODUCTION In this paper, we will compare hydraulic fracturing laboratory experiments performed in different tight materials (PMMA, cement, shale) with the predictions from a numerical solution of the governing equations of hydraulic fracture mechanics (e.g. Geerstma & de Klerk, 1969; Detournay & Peirce, 2014). We focus on transverse radial hydraulic fractures initiating from a radial notch at the wellbore wall (see Figure 1). In particular, we will clarify the difference between the initiation pressure (the wellbore pressure at which the fracture initiates) and the breakdown pressure (a misnomer which simply corresponds to the maximum pressure recorded during a test, usually carried out at constant pump rate). This difference stems from the strong viscous effects at play during wellbore pressurization, fracture initiation and early propagation (i.e. fluid entrance in the newly created fracture). It has been observed on a number of experiments (e.g. Weijers, 1995; Zhao et al., 1996) and has a strong practical application, first because the maximum pressure is the most obvious value to report and second because that maximum value is necessary to specify injection systems."

Jan 1, 2015

By Peter A. Eshun

This paper studies two methods that account for risks associated with gold mining projects such as mineral risks and country risks. The first method is sensitivity analysis, which investigates the effects of a change in any economic parameter such as operating cost, capital investment, gold price or taxes on the viability of the project. The second method is Monte Carlo Simulation technique, which takes into consideration the simultaneous random variation of the economic parameters on the project's viability. An automated simulation cash flow model has been developed as part of this paper. Sensitivity analysis and the simulation model have been used to investigate the economic viability of the Dokrupe Gold Project (DGP) serving as a test case. It is concluded that, the Monte Carlo Simulation technique gives a more realistic judgement of the economic viability of gold mining projects.

May 1, 2004

By W. A. Lang

Introduction Under our present civilization, industrial developments will be greatest in those areas in which energy .can be most economically produced and efficiently used, where labour is in adequate supply, and where markets for the products of industry are available. A knowledge of fuels- the present major sources of energy- and of their utilization is therefore of vital importance. With that in mind, the aim in this paper will be to outline the known reserves of fuels in Alberta, to give their characteristics, to indicate the markets served by each, and to offer some suggestions for the future development of the coal industry. The paper should be regarded as a compilation of published data rather than as an original treatise. Alberta is richly blessed by having large reserves of mineral fuels. The estimated reserves of coal are 46,562 million tons. Alberta is the oil and gas province of Canada. The world's largest deposit of bituminous sand occurs along the Athabaska river in Alberta. In addition, there are large areas of forested land in the northern and western sections of the Province, and the rivers serve for the development of hydro-power.

Jan 1, 1949

By W. G. Miller, J. D. Scott, D. C. Sego

ABSTRACT: As part of an overall study of properties and processes influencing consolidation of oil sands fine tailings resulting from different extraction processes, self-weight consolidation tests were per-formed. Fourteen 2 m and 1 m high standpipe tests were instrumented to monitor the rate and magnitude of consolidation of seven fine tailings materials. Tests provided valuable information about the variation of consolidation related to differences in fine tailings material properties that result from a change in bitu-men extraction process (caustic versus non-caustic). In addition, the effect of adding a coagulant to caustic fine tailings was measured. Test results are presented and discussed in terms of consolidation rate long-term volume decrease, compressibility, and downward drainage. Non-caustic fine tailings had fasterinitial consolidation, which is important in tailings ponds for reducing storage capacity and returning decant water at a faster rate to the extraction plant. Similar results were obtained for caustic fine tailings with a coagulant addition. However, long-term settlement of the different fine tailings appears to con-verge to a similar value over time because it is then governed by effective stress.

Jan 1, 2011

By D. E. Gorse, R. G. Anderson

"Indusmin's history dates back to 1937 when they developed the Blue Mountain Nepheline Syenite deposit at Nephton, Ontario, and began supplying material for the glass, fiberglass, paint, ceramics and rubber industries.Since then, as a subsidiary of Falconbridge Nickel Mines, Indusmin has expanded the Nephton operation, diversified into the aggregate quarries for the construction industries, with operations at Acton and Halton, Ontario, established silica plants at St. Canut, Quebec and Midland, Ontario, to supply the glass, carbide, ceramics, cleanser and concrete products industries, and the purchase of a foundry, Fahramet Limited, Orillia, Ontario, supplying steel and alloy castings to the mining, construction cement and petrochemical industries.Indusmin also has a Technical Resource Centre and Head Office facilities in Toronto.As this paper deals with Indusmin's experience with dust abatement, and although dust control is a concern at the Nephton, St. Canut and Orillia plants, we will be confining this paper to the experience gained at the Badgeley Quarry and Midland plant of the Ontario Silica Operation."

Jan 1, 1980

By N. M. Soonawala

Detailed regional geophysical and geochemical surveys, ground surveys and drilling were undertaken to follow-up the federal-provincial Uranium Reconnaissance Program (URP) over the 27,OOO-km2 Kasmere-Munroe area in northwestern Manitoba. An analysis of the URP data showed a fair correlation between the regional airborne radiometric results and lake-bottom geochemical results, both of which also correlated with the regional geology. More detailed surveys defined anomalies with greater precision within the broad zones outlined by the URP. The ground follow-up indicated that URP anomalies can be caused by varying degrees of uranium concentration in the rocks. Mineralization of interest was found in leucogranites at several locations within the survey area. Anomalous uranium concentrations were also found in coarse pegmatites and Hudsonian granitic intrusions. It can be concluded that large-scale regional surveys can be followed up in relatively short periods of time to yield meaningful results if a properly planned exploration sequence is employed, each stage of which successively narrows the area of interest.

Jan 1, 1979

By D. T. Pritchard

"Introduction""No accounting system is very good, and all of them are infinitely variable*.”The purpose of this chapter is to discuss those facets of a typical accounting system which are most commonly encountered by operating managers in mineral processing plants. However, before concentrating in any detail on these it is important to understand the broad purposes and basic techniques of any accounting system in any major business.The three broad purposes of an Accounting System are:- Administering, controlling, and recording the flow of cash in and out of the business. Cash is, of course, converted into other assets (or stores of value) such as inventory, plant and equipment, etc. These assets also have to be administered, controlled and recorded.- Internal reporting to Management for information, for control, and for use in making business plans and decisions. - External reporting to stockholders, government, lenders and other outside parties.In this chapter we shall organize our discussion of accounting practice in mineral processing plants around these three purposes of accounting and focus in some detail on specific practices and techniques with which operating personnel will be routinely involved. This chapter is divided into the following: Accounting Basics; Administration, Control and Recording of Cash Flows; Internal Reporting; Planning and Budgeting; Cost Control; and External Reporting."

Jan 1, 1989