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By Roy A. Grancher

HAPPY BIRTHDAY Not only is 1971 the Centennial Year of the AIME, but it also marks the One Hundredth Anniversary of the United States Portland Cement Industry. On September 26th in 1871 David O. Saylor of Allentown, Pennsylvania, received his patent Numbered 119,413 for the manufacture of portland cement. "Cement" had been used in the United States before that. This was, however, natural cement - a direct product of rocks as found in nature, usually burned at low temperatures in open kilns. During the early 1800s this natural cement played an important role in such projects as the building of the Erie Canal. It was only after the Civil War that small amounts of high priced portland cement was imported from Europe. The successful use of this material in construction led to Saylor's experiments and subsequent patent for the manufacture of a scientifically controlled product in this country. These one hundred years have witnessed four major "ages" of cement . . . three of them occurring in the last quarter century since World War Two. The first age was the "Age of Development", a seventy-year period which saw the growth of cement and its concrete end uses as major construction materials. Next followed a period called the "Age of Demand" when, after the war, cement became in short supply relative to large building requirements. In effect a cement shortage existed. The decade of the Sixties proved to be the "Age of Reaction", with its courses of action coming in response to the problems that arose when the industry's expansion programs provided too much capacity. Today cement, and the concrete industries, find themselves entering the "Age of Reason". Overcapacity, low price, rising costs, and poor returns are several of the reasons behind that name, As these industries face the construction challenge of the Seventies, and beyond, the application of basic management principles (otherwise known

Jan 1, 1971

By George A. Roche

Since our firm was established by Mr. Price in 1937, we have followed an investment philosophy which is based on the belief that investment in growth stocks is the most assured way of achieving superior, long term investment accomplishment. There are many criteria that we use to select growth companies but the most important is a combination of superior management operating in an industry with above average growth potential. This growth stock approach is the cornerstone of our investment strategy for two of the three mutual funds sponsored by the Price organization and for our private clients. However, during the past 5 years we have seen inflation accelerate due to a variety of factors including the inability of our government to meet seemingly unlimited needs with limited revenue sources. While there might be temporary periods of price stability, we believe that inflation will still continue to be the investor's greatest problem in future years. Our conviction that inflation would increase combined with the acceleration of inflation in the late 1960s stimulated an intensive investment research effort, on our part, to identify those companies with strong natural resource bases -- who own or control large, secure, and low cost tangible assets. Over the longer term and in an environment of a depreciating dollar some of these firms should be able to develop and sell these assets at higher prices. While we still believe that investing in growth companies is a sound investment strategy to offset inflation, we also believe that certain natural resource companies will show well above average investment performance. In the newest Price mutual fund, The Rowe Price New Era Fund, we have, as a matter of policy, placed a large portion of the portfolio in natural resource companies.

Jan 1, 1972

"During his presentation at the 2016 George A. Fox Conference about the history of public-private-partnerships (PPP) in the tunneling and underground construction industries in New York, Vincent Tirolo, Jr., told a story about how, as a young engineer in the late 1960s, he and others pooled money to purchase a calculator for $75 that had the ability to perform sine and cosine functions. That was a big deal in those days and would make their job much easier. Oh how far things have come. Tunnel and underground construction engineers can now virtually map out and plan entire projects before the first shovel ever breaks ground. And the machines that are used to build the tunnels have advanced in ways that could not have been imagined 50 years ago.The calculator is just one example of innovation in the industry and on Jan. 26, more than 400 industry professionals attended the George A. Fox Conference at the Graduate Center of New York (CUNY) to learn more about the next innovations, new tunneling technologies and what the future might hold for the industry. The conference included sessions on contracting models, rescue and fire life safety and new technological developments as well as an international project spotlight presentation from Nasri Munfah about the Eurasia Tunnel, connecting the European and Asian sides of Istanbul, Turkey.The project, also known as the Istanbul Strait Road Tube Crossing project, was named the 2015 Major Tunneling Project of the Year by the International Tunneling and Underground Space Association.The tunnel boring work for the 3,344-m (11,000 ft) long tunnel under the Istanbul Bosphorus Strait was completed in August, heralding a new era in tunneling.Tunnel boring work was launched in April 2014 with a ceremony with then Prime Minister Recep Tayyip Erdogan in attendance. The work was completed on Aug. 22, 2015 with Prime Minister Ahmet Davutoglu participating in the ceremony."

Apr 1, 2016

By Steve Klein

Weak rock is an important consideration in tunnel design and construction due to the difficult ground conditions that are often encountered. Nevertheless, when conditions are favorable high advance rates can be achieved leading to economical tunnel construction. Successful construction of a tunnel in weak rocks depends on correctly anticipating the behavior of these unique materials. The objective of this paper is to provide guidelines that can be used to accurately classify the performance of weak rock in tunnels.

Jan 1, 2001

By Lena Paar

"Underground construction poses certain challenges for all parties involved because the actual ground conditions are often unpredictable. Highly complex projects like tunnel construction are affected by various uncertainties. To address this complexity, the construction contract has to be flexible enough to be adapted to the actual conditions (e.g. divergent ground conditions, work delays). However, the adaptation of a tunnel construction contract does not guarantee the absence of a margin of interpretation. The perfect construction contract is an illusion because ex ante statements of the actual ground conditions are not feasible. This paper will discuss contractual parameters that must be considered in order to enable an effective adaptation of the contract during excavation. It is therefore necessary to discuss the following topics: decision-making competence, variable remuneration, fair-risk allocation, value engineering and partnering between client and contractor. INTRODUCTION Thinking of tunnel construction processes, engineers’ first (or at least second) association is about ground conditions. When constructing under the surface, the project is directly related to the ground conditions; however, ground conditions are known fairly well in advance. The estimated conditions can be the same or can also differ from the existing ones. A clear view of the conditions is possible only by driving through the section. What Hoek calls “Geological unpredictability which is guaranteed to provide some surprises in even the simplest tunnelling job” is, in addition to contractual issues, one of two critical aspects of modern tunneling (Hoek 1982). Almost no research tries to figure out, what flexibility in this context means and how to approach it in the contracts. Papers dealing with the New Austrian Tunnel Method (NATM) pose some principles to meet the requests for flexibility (cf. Austrian Society for Geomechanics 2011). However, it remains unclear how to create contracts in order to make them “flexible” enough to react to divergent ground conditions."

Jan 1, 2016

By Zainab Nasrullah, MontanaFrank Agyemang, Mehran Sadat, Richard LaDouceur

Rare earth elements (REEs) are valuable for various modern technological applications, including metallurgy, machine building, radio electronics, instrument engineering, nuclear engineering, and manufacturing. The extraction and separa-tion of rare earth elements (REEs) from their complex ores is challenging due to their distinct physical and chemical properties, contributing to their market scarcity. At present, REE recovery utilizes traditional pyro- or hydrometallurgi-cal processes. The overall process in the recovery and sepa-ration of individual elements from complex REE systems suffers from high energy demands and the use of many haz-ardous chemicals that negatively impact the environment. With the growing trend toward a circular economy aim-ing to balance sustainability, efficiency, and environmental impacts, this research is focused on using deep eutectic sol-vents (DESs): a combination of a quaternary salt: Choline Chloride and five organic acids: Oxalic Acid, Urea, and Ethylene Glycol, Lactic acid and Glycerol for the selective leaching of REEs from their complex ore which is proven to be green, selective, non-toxic, biodegradable, and cheap. The effects of different DESs and leaching time on the REE leaching efficiency were determined, and the optimum DES media were found to be Oxaline and Lactic Acid at which a leaching efficiency of 25% and 15% was achieved at 80°C respectively for cerium.

Feb 1, 2025

By T. K. Bundtzen, C. B. Green

Exploration expenditures in Alaska last year amounted to $8.9 million. This was comparable to 1985's $9.1 million. Development expenditures dropped 29%, $24.3 million in 1986 vs. $34.1 million in 1985. The exploration industry is restructuring and stabilizing after the loss of major mineral firms during the last few years. These included Anaconda Minerals, Asarco, Hecla Mining, Enserch Exploration, Phillips Minerals Division, Exxon Minerals, Noranda Inc., General Crude, Mohawk Oil & Gas, Inspiration Development, Teton Exploration, and St. Joe Minerals Division. Some of these companies were mineral subsidiaries of oil companies and were either dissolved or redirected to programs outside of Alaska. However, recent entry exploration firms include Echo Bay Mines Ltd., Long Lac Minerals, and Exvenco. They are busy evaluating prospects and mineral developments in the southeastern panhandle. In the 1970s, about $254 million was spent on Alaska mineral exploration. Of this, about 5% ($12 million) was for nonmetallics and coal, about 26% was directed at precious metals ($66 million) mainly gold, and 69% ($175.3 million) for the base metals zinc, copper, molybdenum, tin, tungsten, and nickel. Since the early 1980s, trends have reversed. Of the nearly $196.3 million spent from 1981-1986, 48% has been for precious metals ($94.3 million) and 40% on nonmetallics and coal. In the last two years, nearly 70% of the Alaskan exploration dollar has been spent in search of precious metals. Three gold skarns were explored during the year - the Nixon Fork project in western Alaska (Battle Mountain Mining Co.), the Nebesna and Rambler lodes of the northern Wrangell Mountains (Nebesna Mining Partners), and the Zackley project near Paxson in southcentral Alaska (Nerco Minerals). Nearly 7.6 km (25,000 ft) of diamond and rotary drilling were conducted on these three properties. Aspen Exploration announced that significant gold mineralization was found under the Nome coastal plain in western Alaska. Meridian Minerals joint ventured with Resource Associates of Alaska, exploring precious metal

Jan 5, 1987

By Hans Treichl

1. INTRODUCTION For Europe the Arlberg road tunnel signifies the elimination of the largest traffic barrier between Bucharest and Paris in the east-west transversal. Apart from that the tunnel will serve the feeder system to the two north-south links Ulm - Milano, and the Brenner motorway, and links the Inntal and the Rheintal motorways closer together.. Thus, the supraregional road system carrying traffic through the Tyrol and Vorarlberg will considerably be emproved by the Arlberg road tunnel. 2. THE PROJECT The 16.1 km contract section of expressway S 16 includes a ramp section of approximately 2.6 km, the access points at St.Anton and at Langen, and the main 13.98 km section of the road tunnel. This section cuts the link between St.Anton and Langen by 3.7 km, and saves 475 m in altitude. The Arlberg road tunnel is planned to have two tubes with two lanes each. In the first stage the southern tube was under construction. Its traffic capacity is 1,800 car units per hour. The tunnel has a cross section of 9o to 103 m2. The sloping gradients are by 1.3o and 1.67 per cent. Fresh air is supplied and used air removed through a ventilation system, fed at the portals and through two vertical ventilation shafts. One of them, at Maienwasen, is 222 m deep, its cross section 66.5 m2. The diameter in clear is 8.32 m. The vertical shaft Albona is 736 m deep, the diameter in clear is 7.37 m. The tunnels is 9,4o m wide, providing for a 7.5o m roadway plus o.95 m sidewalks on each side of it. 4.7o m above the traffic area the conduits for fresh and used air. A transverse ventilation system with reduced exhaust air has

Jan 1, 1979

By G. E. Erdman

This paper presents talc milling guided by a theme of "So You Want to Be In The Talc Business". Such a theme strikes a cautionary note to warn the uninitiated of potential pitfalls, and this paper will cover briefly some of the technical traps as well as one of the larger talc milling operations. It is important to our purpose to pre- sent some of the market and mineral complications that make the business of producing and selling industrial talcs much more intricate than an outsider would perceive. Metal markets by comparison are great worldwide pools into which production streams of generally identical metals can flow over a weir of market prices. Industrial talc markets are not as well defined and often must be developed by the producer working closely with a specific customer or groups of customers to prove out the attributes of the specific product from a new property. All the negatives of a new market seem to work against the introductory talc in the forms of industry or customer reluctance to change, sales prices, cost of delivery, mode of transportation, health considerations of the minerals and many more. Just locating the potential customers for a new industrial talc may be a substantial undertaking. Thus, an analogy of the worldwide metal market might compare starting a new talc operation to trying to gather up enough fallen rain drops to be able to start a production stream of a worthwhile size.

Jan 1, 1984

By William Harrison, Robert H. Trent

GENERAL DESCRIPTION History The most striking feature of mining in the United States has been the infrequent use of longwall systems. This system, which accounts for the majority of coal production in Europe, Japan, and other countries, is only recently growing out of its infancy in the mining of normal coal seams and is still untried in the mining of thick coal seams in the US. Its use in the mining of metal and nonmetal ore bodies has been virtually ig¬nored, except for isolated instances in trona, copper, and uranium. Longwall mining is believed to have originated in Shropshire, England, towards the end of the 17th cen¬tury (Laird, 1973). Although the method used would be considered primitive by today's standards, many of the basic concepts have remained unchanged. Longwall mining of coal in the US was first introduced before the turn of the century, but it never gained acceptance as it did in Europe. Historically, longwalling was a cyclic method where a single cut of coal was removed from the face on the producing shift each day, and the work of building stone packs in the gob and manually moving roof support was completed on the off shifts. Due to the amount of dead work, productivity was extremely low. In Europe, however, longwall methods were required despite the high costs involved, because only by this method could coal under heavy depth be mined with any reasonable degree of recovery. Reserves of coal lying under shallow cover, and therefore minable by room¬and-pillar methods, were long ago inadequate to supply most of Europe's coal requirements. In the US coal min¬ing has historically proceeded laterally with the new mines in virgin areas to replace old mines; in Great Britain, Germany, Japan, and many other countries, mining must proceed downward to greater depths. The depth of cover for most coal operations in the US is shallow, i.e., 61 to 305 m (200 to 1000 ft). This, combined with large reserves, has made room-and-pillar methods almost universally applicable. However, longwall systems were tried around the turn of the century. Whenever used, it was frequently noted that the opera¬tion was under the direction of men with foreign ex¬perience and was tried under ideal conditions. Some of the mines that were using longwall or had tried longwall prior to 1910 were the Radiant mine, CO; Vinton Coal Co., PA; Cambria Steel Co., Johnstown, PA; Grundy County and Spring Valley, IL; and unnamed mines in Washington, West Virginia, Kentucky, Iowa, and Kansas. As late as 1961, there was one circular longwall in operation at Centerville, IA. The first modern-day op¬eration to take advantage of European technology and longwall methods was Kaiser Steel Corp. at its Sunnyside mine near Price, UT. Due to deep cover and extremely poor roof conditions, combined with a need for in¬creased production, Kaiser management decided a new method was required and turned to longwall in 1961. The first longwall consisted of an Anderson Mavor shearer loader, British Jeffrey-Diamond conveying equip¬ment, and Dowty roof supports with a capacity made up of two and three 27-t (30-st) capacity props. After nor¬mal start-up problems, this unit averaged over 454 t (500 st) per shift (White and Palacios, 1976). During and after World War II, technology in hy¬draulics and controls had advanced to the point that self-advancing supports and hydraulic props were being developed. In 1960 only I % of West German produc¬tion was from mechanized longwall faces. This in¬creased to 37% in 1970 and 63% in 1973 (Kohlgruber, 1974). In 1976 there were 246 coal mines operating in the United Kingdom. Although this is only 50% of those operating ten years ago, the production has increased 42%, mainly through improvements in longwall equipment and methods (Hunter, 1976). In France and other European countries, the devel¬opment of longwall mechanization has been similar in seams up to 2.44 m (8 ft) thick. In seams that exceed 9.14 m (30 ft), a variety of longwall caving has been developed for coal seams with dips of 0 to 1.6 rad (0 to 90°). Those with the greatest success will be discussed later. As noted, the development of longwall mining to its present state of the art has mainly taken place since World War II with substantial gains in the last ten years. Mechanized longwall has been the result of several re¬lated major innovations (Jackson, 1975) 1) Development of the flexible armored face con¬veyor which can be installed along the face and moved forward without disassembly. 2) Development of face machines such as single and double drum shearer and coal plows which operate in conjunction with the armored conveyors. 3) Development of self-advancing hydraulic roof supports which now include chocks, chock shields, and shields. 4) Reliance of caving of the immediate roof based on proper planning and development. 5) Use of pneumatic slowing to enable extraction below overbuilt areas. The most recent developments in the mining of coal by longwall in the US include the introduction of shield supports at Kaiser's York Canyon mine in New Mexico, single-entry longwall development at Kaiser's Sunnyside mine, and Mid-Continent's advancing longwall system in Colorado. Metal and nonmetal longwall systems in the US have included the mining of copper at White Pine, MI; uranium in Utah and New Mexico, and trona in Wyoming.

Jan 1, 1982

By DING TANG, JINGHE CHEN, Shuiping Zhong, CHEN KUANG

The Zijinshan gold-copper mine, in spite of the low-grade nature of the ore, has become one of the largest production-scale and most profitable non-ferrous metal mines in China. The successful application of hydrometallurgy as well as proper engineering design are the key factors for large-scale development of the Zijinshan gold-copper mine. In this contribution, the practical experience acquired in the development of the Zijinshan gold and copper mines is summarized. This covers most aspects of the production process including mining, beneficiation, ore stacking, heap (bio)leaching, carbon-in-leach, solvent extraction, electrowinning, wastewater and tailing treatments. The authors believe that this practical experience will not only help to promote the development of hydrometallurgy, but can also serve as a model for other gold and/or copper plants around the world.

Jun 3, 2020

By Carl Erickson

The term shortwall mining is somewhat of a mis¬nomer. It may infer a longwall mining system, but of much shorter face length. Actually, continuous pillar mining is a more descriptive term. Coal is mined using a continuous miner as would be done in pillar extrac¬tion, but with the addition of roof supports to control the caving. Face length on such a system typically is 46 to 61 m (150 to 200 ft). The coal is cut in front of the roof supports in the same direction as with a long¬wall shearing machine or plow, but it is mined with a continuous miner and shuttle cars of the same type as used in continuous mining. ROOF SUPPORTS Roof supports for shortwall mining must be con¬siderably larger than those used for longwall mining because of the additional roof to be supported by the wider 2.6- to 3.4-m (81/2- to 11-ft) cut of the continuous miner. Capacities of shortwall chocks in current use vary from about 454 to 726 t (500 to 800 st). The higher capacity as compared to longwall roof supports is needed primarily because of (1) the greater support length, hence more roof weight, and (2) the presence of draw slate in the eastern coal seams, where shortwall is being used. The most popular shortwall support currently used is the four-leg 590 t (650 st) model. This support is shown in Fig. 1. The price of this support is approxi¬mately $25,000 each. As shown in Fig. 1, the shortwall chock incorporates an unusually long forward bar that has an additional hydraulically operated extension bar to provide face support for the wide miner cut. METHOD OF OPERATION Mining Sequence In shortwall mining, two or three (depending upon the chock design) move up cycles of the chock are needed because of the miner cut width. Fig. 2 depicts the five steps required to complete the move of chock and spill plate using a miner that takes a 3.3-m (10-ft,

Jan 1, 1982

By Swades Kumar Chaulya, Vikash Kumar, Sushma Kumari, Naresh Kumar, Girendra Mohan Prasad, Monika Choudhary

Opencast mines are vulnerable to inclement weather conditions as it disrupts the day-to-day activities at these mines. To address the problem, a perceptive driving assistant system (PDAS) has been developed to increase the visibility of real-time video of the road in front of the vehicle for operators of heavy earth-moving machinery (HEMM) at opencast mines in harsh weather conditions.

Apr 1, 2023

By Jaeheon Lee, Junmo Ahn, Jae-Yeon Kim, Yoo-Jin Kim, Jiajia Wu, Eun-Woo Kim, Jai-Won Byeon, Jun-Jae Lee

The surge in demand for battery materials, coupled with environmental challenges linked to battery disposal, underscores the need to recycle spent lithium-ion batteries (LIBs). Green recycling approaches, in particular, have garnered attention for battery recycling. In this study, a hydrometallurgical method using a synergetic organic lixiviant combining methanesulfonic acid (MSA) and citric acid (CA) as an alternative to inorganic mineral acids was introduced as a green approach to recycle cathode materials of LIBs. The conditions for leaching and recovery processes were optimized. Cathode materials were regenerated using the recovered materials. Moreover, the leaching performance and economic feasibility of this leaching system were compared with those of various other organic acids.

Feb 1, 2024

By Onuralp Yücel, Kağan Benzeşik, Ömür Can Odabaş, Selçuk Kan

Extraction and processing constitute an important area in the metallurgy of molybdenum. Molybdenum trioxide (MoO3) production is one of the most important stages in molybdenum production. In this study, the effects of different furnace types on MoO3 production were investigated by using molybdenum concentrate as a raw material obtained during the enrichment of copper ores. Preliminary experiments have been made using a chamber type furnace, and a transition to a pilot-scale has been carried out with rotary kiln experiments. The effects of a different time and atmospheric conditions on MoO3 roasting kinetics were investigated by experimental studies conducted in the temperature range of 500–650°C. It was determined that the optimum temperature and time for sulfur (S) removal was 625°C and 180 min in the studies carried out in the rotary kiln, and it was determined that 0.61%S content was reached with an average removal efficiency of 98%. The activation energy in these sets was calculated as 89.519 kJ/mol.

May 3, 2021

By M. Jaramillo

The Expanded West Pit of the 15 MTY El Cerrejon Mine will reach a maximum depth of270 m. Slope stability evaluations indicated that this depth, combined with structural complexities, would create a serious risk of footwall instability. Stabilization call for anchoring the footwall by installation of cable bolts, 9 to 33 m long, of multi-strand steel cable. For each of the 15 m high mining benches, a row of bolts is installed with variable horizontal spacing, depending on dip magnitude. Cable bolting is now standard operating practice and 11800 bolts will have been installed during the life of the mine.

Jan 1, 1995

By S. C. Gaillard

Tailings are made of ground rock that is left over from removing valuable minerals. The tailings are usually fine particles that cause environmental issues for storage and disposal. Disposal of tailings is a growing concern, as more tailings are produced from the increasing demand for mined material (ITRC, 2008). This project proposes a way to convert the mine waste to a useful product. Tailings were selected from a South Carolina crushed stone quarry, the products of which are used for road beds, sidewalks, asphalt and driveways. These tailings were processed to generate synthetic aggregates for construction applications. The synthetic aggregate creates a product that could be used for many purposes, including aggregate for sidewalks, driveways, roads and building materials. Testing methods followed the North Carolina Department of Transportation (NCDOT) guidelines for physical testing of coarse natural aggregate, which are sieve analysis, Los Angeles abrasion, absorption, specific gravity and soundness test. The synthetic aggregate produced passed all tests for NCDOT and, in some instances, rated better than a natural aggregate. Using the tailings from the crushed stone and mining industry would convert the waste into a valuable, marketable product.

Jan 1, 2013

By Brian V. Roulston

Potash is Canada's leading industrial mineral in terms of value of production, with 11.1 M tonnes of muriate of potash produced in 1992 for a value in excess of $1 billion U.S. Each tonne of potash produced generates about 2 tonnes of waste salt, together with slimes and brine. The disposal of these waste products, particularly the salt and slimes which are discharged on the surface, has recently become an environmental concern. This concern is forcing companies and regulatory authorities to review disposal practices. In New Brunswick, on Canada's east coast, Potash Company of America operates a mine at which 2 M tonnes of potash ore and 0.5 M tonnes of rock salt are mined each year. The mine is situated in an environmentally sensitive area, noted for its dairy farming and salmon angling. In such an area it was recognized that the storage of waste on surface would be unacceptable, and the mine was designed around this principle. Three main waste streams - salt, slimes, and brine - must be managed as an integral part of the mining system. Around 1.5 M tonnes of fine salt tailings from the milling process and the rock salt screening operation, are sent directly to the active cut-and-fill potash stopes to be used as backfill. Slimes and excess brine from the mill are piped underground as a slurry to be discharged into one of the basin shaped stopes created by mining of the rock salt. While the slimes settle out, the clarified brine is withdrawn from part of the stope to be pumped to surface as a feedstock for the evaporator - a process which recovers the contained potash values in the brine. By designing a system which integrates the mining, processing and disposal of all product streams, and by careful production planning, it has been shown that zero effluent potash mining is possible and points the way for the industry in the future.

Jan 1, 1995

By V. Aghazadeh, E. Bidari, M. Aazami

In this study, mineralogical and microanalysis characterization, as well as diagnostic leaching and cyanidation tests, were performed to gain a better understanding of the refractory nature of the arsenical zone of a Carlin-type gold deposit and also to evaluate possible treatment routes to maximize gold recovery. The results obtained showed that only 56% of the ore’s gold content is amenable to direct cyanidation. The majority of the remaining gold was found as submicroscopic gold and in association with sulfide minerals, such as orpiment, pyrite, and sphalerite. It was also found that despite the abundance of silicate and carbonate minerals in the arsenical zone, they do not play a key role in the refractory nature of the ore, and gold can be liberated from such minerals by appropriate grinding. The analyses further revealed that orpiment dissolves readily during cyanidation, and this dissolution retards the kinetics of gold extraction. Pyrite and sphalerite were generally found to occur in fine network texture and in association with quartz. Flotation of such auriferous sulfides may be difficult due to their oxidized surface. Fine grinding (−20 μm) was found to be partially effective in improving gold extraction.

May 28, 2020

By H. M. Park

Risk is a major factor in all mining activities, arising from many internal and external variables. The authors? research has resulted in a systematic method for the quantification of risk in mining projects (Park, 2012). This research will be presented in a series of papers, this one and two more that will be published on Mining Engineering?s web site, www.me.smenet.com. This paper identifies the variables associated with risk in mining projects, and their effects. The second paper discusses methods of assessing the overall risk associated with those variables, and presents a statistical model based on a survey of 31 experts. The third paper presents an evaluation of the statistical model, using data from previous mining investment decisions in which the authors have been involved. There are several major competing entities, including BHP Billiton, Rio Tinto, Anglo American, Xstrata, Freeport-McMoRan, Chinese government- run companies and Japanese trading companies, that have large foreign holdings, controlling deposits in most of the world?s established and productive mining districts. In general, the mining industry considers the United States, Canada, Australia and the European countries to have good mining investment environments, but because the major companies have already achieved market dominance in those countries, large investments are required there. Newcomers seeking to enter the industry, either as producing companies or as investing partners, often have difficulty breaking into these established markets. Thus newcomers are increasingly turning to new areas like South America and Africa, which are relatively less developed. The competition among businesses to secure a share of the new market is intense, but there are still good investment opportunities. However, because most of the countries in these areas are not well developed, several additional risks are associated with participation in mining projects in those areas.

Oct 1, 2013