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By S Watson, L Martinez

Mine projects are complex opportunities that demand a constant assessment of uncertainty, ie risk and upside potential. This is because the value of a mine project is typically influenced by many underlying economic and physical uncertainties, such as metal/mineral prices, metal/mineral grades, costs, schedules, quantities, and environmental issues, amongst others, which are not known with much certainty at the beginning of the project. But, is uncertainty an enemy or an ally of the mine planner/analyst? To answer this question, this paper first assesses and elaborates upon the general concept of uncertainty. It then looks at the different sources of uncertainty in a mining project, such as the orebody, costs and product price uncertainties, and their effect on the final project value. Next, a general?review?of current mine evaluation techniques highlighting their limitations when dealing with uncertainty is made. Finally, an extended evaluation and risk management framework that addresses the existing uncertainty in the (greenfield/brownfield) mine evaluation process is proposed. One important characteristic of this framework is that it uses and manages uncertainty in order to generate additional value to the project; this is done through operational and managerial flexibility, which allow mine planners to minimise/maximise project risk/upside-potential giving a more realistic estimate of the projectÆs market value - this is shown in practical and simple examples occurring at different stages of a mine project, such as exploration and operation. Final conclusions are provided at the end.CITATION:Martinez, L and Watson, S, 2012. Uncertainty - An important source of (additional) value for mine projects, in Proceedings Project Evaluation 2012 , pp 131-140 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

By Oliver Zach

To know as much as possible about the condition of the refractory material (lining thickness, slag layer, build ups, ...) in an high temperature furnace is very important due to the safety and economic impacts. The new CONSCAN system offers the possibility to measure the inner surface of an furnace, and based on this results to calculate the thickness of the refractory lining, slag layer, build ups,.... The CONSCAN System provides this results as figures and graphics. This system is also working under hot conditions so it is not necessary to cool down the furnace. Based on these results the process control and the refractory lining concept could be optimized for maximum campaign life of the furnace.

Jan 1, 2006

By R. Stefanko

Rock bolting as a method of support continues to increase with applications in many other industries in addition to mining. Nevertheless, with nearly 55,000,000 roof bolts installed in coal mines alone last year, this remains as the single greatest use. While bolts have frequently supported ground where conventional timbering could not, there are relatively few design criteria; and trial-and-error procedures prevail. Furthermore, development of suitable instrumentation that is simple to install and readout, sensitive, durable, reliable, safe and economical in evaluating the effectiveness of a bolt over long periods of time lags behind. Therefore, the pull test continues to be the most popular method of evaluating the applicability of a certain type of roof bolt under specific installation conditions. At Penn State in the Department of Mining, research has been conducted for a number of years to measure bleedoff in carefully controlled laboratory experiments as well as in underground investigations.1,2,3,4 Unfortunately, most of the instrumentation developed has been primarily suitable only for research purposes, not possessing all of the aforementioned characteristics desirable for routine underground use. Other groups also have met with restricted success. Therefore, while relatively crude, the torque wrench continues to remain as the most widely used load measuring device. While both field and laboratory tests continue to be conducted, analytical analyses are attempted to discover the more important design parameters in order that more efficient anchorage might be devised.

Jan 1, 1969

By R. E. de Barrio, M. E. Lanfranchini, R. O. Etcheverry

"The El Abuelo Ca-Fe-magnetite skarn and related hydrothermal quartz veins are located at Cerro Pepita Hill, in southwestern Chubut province of southern Argentina, 1700 km southwest of Buenos Aires. These deposits are developed in a continental magmatic arc environment linked to the Andean orogeny. Iron skarn mineralization is mainly hosted by an Upper Jurassic to Early Cretaceous sedimentary sequence interbedded with Upper Jurassic basaltic andesite, and is spatially associated with Early Cretaceous calc-alkaline dikes. Ore grades vary between 40 and 63 wt.% Fe. In addition, anomalous metal contents (>10 000 ppm Cu and up to 81 g/t Ag) are present in the hydrothermal quartz veins.At least three paragenetic mineral assemblages have been identified in the El Abuelo exoskarn: (1) amphibole > epidote ± chlorite ± quartz, formed by isochemical contact metamorphism; (2) Fe-clinopyroxene ± Ca-garnet, formed during prograde metasomatic anhydrous exoskarn formation; and (3) actinolite ± epidote ± chlorite ± quartz ± magnetite > titanite, resulting from hydrous retrograde alteration of exoskarn. Endoskarn alteration involved an early Mg-Fe-clinopyroxene ± Fe-garnet assemblage followed by retrograde actinolite replacement of pyroxene. Lower temperature hydrothermal alteration related to quartz veins was superimposed on the skarn assemblages, showing an innermost sericite ± adularia ± pyrite ± chalcopyrite assemblage and an external propylitic halo.Some metallogenic characteristics of the mineralization and the geological setting resemble those in several iron oxide copper-gold deposits elsewhere in the world."

Jan 1, 2007

To George Orwell the year of 1984 was the inspiration for a book. To most New Zealanders it was the year that the fourth Labour Government was elected to power. It was also the year that the review of mining legislation commenced. While Orwell's book and the election of Labour are clearly events of some historic note, one could be excused for classifying the review of minerals legislation somewhat differently in terms of its present achievements! Since the review began it has led a tortuous path through a rapidly evolving policy environment to a point three years hence where no major policies have been determined.

Jan 1, 1987

By S. Tyson

The American Coal Ash Association, Inc. (ACAA) is an organization of producers and marketers of coal combustion byproducts. Since 1968, the goal of ACAA has been to gain recognition and acceptance of ccbs as an engineering material on par with competing virgin, processed and manufactured materials by advancing ccb uses that are technically sound, commercially competitive and environmentally safe. The use of ccbs is affected by local and regional factors including production rates, processing and handling costs, transportation costs, availability of competing materials, seasonal adjustments, and the experience of materials specifiers, design engineers, purchasing agents, contractors, legislators, regulators, and other professionals. An annual, survey of coal-burning electric utilities is conducted by ACAA to determine the quantities of ccbs produced and used in the USA. In 1993 approximately 88.5 million tons of ccbs were produced in the form of fly ash, bottom ash, boiler slag and byproduct from flue gas desulfurization (FGD). Approximately twenty-two percent of the combined production of these byproducts was used, while the remaining portion was deposited in disposal areas. The major markets for ccbs include cement and concrete products, structural fills, road-base layers, mineral filler in asphalt, grit for snow and ice control, blasting grit and roofing granules, grouting, coal mining applications, and waste solidification and stabilization.

Jan 1, 1995

By Shu Yan

The high resolution resistivity method (HRRM) is developed specifically for detecting underground cavities and tunnels. HRRM has a special feature in that it can recognize and cancel static shift, which makes it different &om the high density resistivity method (HDRM). In searching for various means for detecting underground cavities, we found that the detecting depth of the transient electromagnetic field method (EM) depends mainly on the measurement duration, not the loop area. In addition, TEM can also be used to locate the high-resistivity bodies. In order to use them for local working site conditions, we combine HRRM with TEM to become a combined electromagnetic method. Since the late 1980's this method has been used to locate abandoned mines and air passages and burning centers of mine fires with great success. This paper cites case studies for which this technique was successfully used.

Jan 1, 2005

By H. A. Bilgin, G. G. U. Aldas

"Ground vibration is the natural result of the blasting process. Many empirical formulae and methodologies including analysis of travel path effects have been developed. The scaled distance, which is the most popular approach for the calculation of the attenuation of particle velocity in the ground, has led to significant advances in the prediction of particle velocity when both explosive charge and distance vary. However, this approach does not consider the effect of ground anisotropy and existence of structural geological features on ground vibration. Therefore, in this study, the effects of these rock mass properties on types, amplitudes, and frequencies of ground vibration waves at four surface mines are examined. The results, which were implemented at Kangal coal mine, Bastas quarry and Kíbrís quarry, provided guidance for the extensive study at Orhaneli surface coal mine.As a result of the study, the authors came to the conclusion that vibration amplitudes change depending on the ground on which sensors were deployed and the conditions depending on whether measurements were done near major structural geological features. It was determined that the vibration amplitudes, measured at equal distances from the source but in different directions, change because of the propagation velocity anisotropy. Besides the change of wave type due to the kind of ground at the measurement location, it was determined that vibration anomolies were due to structural features."

Jan 1, 2004

By Arel B. McMahan

The U.S. Bureau of Mines investigated 21 mines, prospects, and mineralized sites in and adjacent to a 38,713-acre portion of the 255,058-acre Kingston Range Wilderness Study Area in 1983. The study area is 35 miles north of Baker, CA in the Mojave Desert. Mineral deposits in and adjacent to the study area are in altered carbonate rocks intruded by diabase sills near monzonite porphyry contacts. Monzonite porphyry forms the core of the Kingston Range and underlies about 70 percent of the study area. Sedimentary carbonate rocks are exposed in bands on the north and east boundaries and as isolated roof pendants in the southeastern portion of the study area.

Jan 1, 1986

By Donald F. MacDonald

THE cement plant nearest to Nova Scotia is not far from Montreal. Cement is a heavy product which, because of its relatively low value, cannot stand a high freight charge without unduly enhancing its cost. This is one reason why cement costs are high in Nova Scotia. The regular retail price per bag (8772 lb.) in Antigonish is 85 cents, which would be $3.40 per Canadian barrel of 350 pounds, or $3.65 per American barrel of 376 pounds.It is said that the lowest wholesale price in Halifax is 65 cents per sack, which would be $2.60 per Canadian barrel or about $2.80 per American barrel. According to U.S. Bureau of Mines statistics, the average factory price for cement in 1937 was $1.48 per American barrel, which is practically the same as the value per barrel indicated in Dominion statistics for the Canadian output during that year. The difference between $3.40 and $1.48 is $1.92. It is evident that the average user of cement in the Mari-times pays a stiff premium because Maritime cement raw materials have not been developed. Rock-wool, the manufacture of which is rapidly increasing in Ontario and the United States, is much needed for building insulation in the cold climate of Nova Scotia.

Jan 1, 1939

By Michael D. Balen

During the years 1987 through 1989, the Bureau of Mines Alaska Field Operations Center (Bureau) in cooperation with the Western Field Operations Center and the Alaska Division of Geological and Geophysical Surveys (ADGGS), conducted mining, geological, and geochemical investigations in the 5.7 million-acre Valdez Creek Mining District (VCMD). This investigation was conducted as part of the Bureau's continuing Mineral Land Assessment (MLA) mining district studies program. The Bureau's MLA program is designed to provide reliable and comprehensive mineral resource information that supports mineral resource policy and land use decisions made by Congress and Federal land management agencies. The information also provides the basis for decisions that would expand the domestic supply of important mineral resources, primarily strategic and critical minerals. Much of the MLA work is done jointly with cooperating State or U.S. geological surveys.

Jan 1, 1992

By John R. Zelonka

Models made by encasing strain-gage networks in epoxy are described and evaluated. With this technique relatively complex models can be constructed in which any number of gages can be located and alined precisely. Although the gages are an integral part of the model matrix, they create no important mechanical or thermal stresses. Model construction techniques and experimental data proved reproducible and reliable. In addition, the sGlution obtained with these models to the problem of the state of stress around a circular hole in a plate subject to a plane stress condition was in agreement with theoretical, photoelastic, and finite-element solutions.

Jan 1, 1970

By Irving Kabik

Chlorates and perchlorates, when mixed with certain reducing materials, may give a detonating explosive of considerable power. Concerning explosive chlorate mixtures, Guttman3/ states that they "have at all times fascinated inventors on account of the large amount of oxygen stored up in potassium chlorate, which can be given off so readily. When Lavoiser and Berthollet tried to make a chlorate powder in a stamp mill in 1788, they made a great show of it, and even two ladies were present. Unfortunately, after a certain amount of pounding the powder exploded and killed an official and the daughter of the Government commissary, who assisted at the experiments.***. It is interesting to observe how the same old mixtures are proposed over and over again with slight alterations only, in order to qualify for a patent. Potassium chlorate with some carbonaceous matter like charcoal, sugar, starch, glycerin, flour, or sometimes a vegetable or mineral oil and the like occurs again and again." Sprengel explosives, in which some of the undesirable sensitivity of the chlorate was minimized by coating the crystals with a liquid reducing agent, received some attention after a patent was issued to Dr. Herman Sprengel in England in 1871.4/ A somewhat similar explosive, known as Rack-a-

Jan 1, 1945

By A. C. Lane

Relations de la profondeur de plissement avec la gravita-tion et la hauteur des montagnes dans les Alpes. Par A. Heim (Zurich) 50me Anniversaire, Livre Jubilaire Soc. Geol. De Belgique, Rome, Fascicule 1, 17 to 28. Measurements show a negative anomaly, less densities of .the material below sea level. The author expresses it in terms of the thickness of rocks of an arbitrary density, 2.4, which might be considered wanting. The accordant heights of the summits, the depths of the folds, the deficiency in .gravity, and denudation he finds to be connected. The Alps float on the lightness of the folds of "sal" of weight 2.6 to 2.75 plunged into the heavier "Sima" according to a for-mula: P = h (2.7/2.8-2.7) where - P is the depth of fold-ing below sea level; 2.7 is the weight of the material accu-mulated in folding; 2.8 is the weight of the material dis-placed by it; and h is the mean height of the mountainous regions. For instance, between the valley of Saar and the Val de Bagne in Valais the depth of the folds according to Ar-gand's profiles is between 30 and 40 kilometers. The loss of gravity has been estimated in this region as 1450 X 2.4 = 3480 in units of weight. Obviously errors in the densities would profoundly affect the estimates of the thickness of folding, but his depths of folds are obtained from sections, and from them he works back to the densities. Of course other densities might be placed in the formula. Zur Dichte bestimmung von Tonen. By J. Koenigsberger, Berg u. Hüttenmannisches Jahrbuch, 75, I. Discusses Dr. B. Wilser's investigations as to the best way of obtaining the weight of rocks per unit volume. The use of mercury for rocks affected by water as there recom-mended may easily give too large volumes unless 1 to 3 atm. pressure is used. Thick machine oil is recommended for large lumps of clay.

Jan 4, 1928

By Masami Nakamoto

Controlled thermolysis of gold(I) thiolate complex, [C14H29(CH3)3N][Au(SC12H25)2], at 180 °C for 5 h under an N2 atmosphere produces novel gold nanoparticles passivated by alkyl groups derived from the precursor complex, the TEM photograph of which shows spherical particles with average diameter 26 nm. Since Brust et al. reported the two-phase reduction of AuCl4 - by NaBH4 to afford monodispersed gold nanoparticles passivated by alkanethiolate ligands (1), plenty of preparative investigations on gold nanoparticles (2,3) and its surface modification (3,4) have appeared, because of their potential applications in microelectronics (5). However, those preparative methods generally involve the reduction of AuCl4 - by reducing agent NaBH4 in the presence of suitable organic stabilizers such as alkanethiol (1-4), phosphane (5), quarternary ammonium salts (6), surfactants (7) or polymers (8). On the other hand, O?Brien et al. recently reported the preparation of organically capped gold nanoparticles at 190 °C, where tri-n-octylphosphine oxide and/or n-octadecylamine are used both as a reaction medium and as a passivating ligand (6), but this procedure also needs NaBH4 as reducing agent. Our strategy of novel preparative method of gold nanoparticles is the combination of reductive elimination of thiolate ligands and simultaneous attachment of organic moiety on the growing nuclei. Gold(I) thiolate complexes with ammonium cations were useful for our preparative method. We now report the controlled thermolysis of gold(I) thiolate complexes, [R(CH3)3N][Au(SC12H25)2] and [R(CH3)3N][Au(SC6H4-p-R?)2] (R= C14H29, C12H25; R?= C8H17, CH3), under an N2 atmosphere, where the powder of gold(I) thiolate complexes completely melts to afford the precursor liquid and then the liquid gradually decomposes. In spite of no use of reducing agent and solvent, reduction reaction is thermochemically induced to afford novel gold nanoparticles passivated by alkyl groups rather than by alkanethiolate ligands. Figure 1a shows a typical transmission electron microscopy (TEM) image of gold nanoparticles prepared by thermolysis of [C14H29(CH3)3N][Au(SC12H25)2] at 180 °C for 5 h, indicating a controlled growth of spherical gold nanoparticles. As shown in Fig. 1b, these spherical gold nanoparticles display the size distribution ranging from 5 to 50 nm. Although the particle size is larger than that of thiol-derivatized gold nanoparticles (less than 5 nm) prepared by NaBH4 reduction (1-3), the aggregation of gold nuclei is smoothly regulated and the growth of core gold is limited to be 26 nm in average diameter in spite of thermal procedure.

Oct 1, 2003

By Alfred Wild

The Kraftile Co. plant, Fremont, Alameda County, Calif.--the largest producer of glazed, structural wall units west of the Rocky Mountains--maintains modern processing facilities to evaluate and blend a wide variety of clays from several sources to produce quality products. The report desribes the prospecting, exploration, and test methods used to locate raw material sources and covers processing methods, cost factors, and trends. Also, the geologic and ceramic factors are considered in a general discussion of the economics, potentials, and requirements of clays as raw materials for ceramic tile manufacturing.

Jan 1, 1963

By S Freij, P W, R Gunawan, D Zhang, B Feng

The Mt Whaleback iron ore mine is located adjacent to Newman, approximately 1200 km north of Perth, in the Pilbara District of Western Australia. Approximately 15 per cent of the waste materials are in the zones with high concentrations of sulfide and carbonaceous minerals and are referred to as æreactive shaleÆ. The reactive shale has the potential to undergo self-heating and can react with the ammonium nitrate (AN) based explosives used in mining operations, resulting in spontaneous combustion and spontaneous explosion. The sulfide-rich shales also have the potential to produce acid rock drainage (ARD). In the present study, over 200 shale samples have been collected from different locations in the Mt Whaleback iron ore mine, including blasthole drill cuttings, fresh mine faces and waste dumps. These samples have been systematically characterised for their geochemical properties. Based on the characterisation results, a pH test was developed as a cost-effective, fast and efficient tool for the assessment of reactive ground in the mining industry. This paper summarises the results of the sample characterisations and discusses the key findings arising from the interpretation of results. These results have significant implications in the safe storage of the reactive shales and the prevention of spontaneous explosion, spontaneous combustion and ARD.

Jan 1, 2005

By Nicholas C. Williams

This paper presents the development of a demand reduction and responsive strategy capable of reducing the electrical power demand, particularly during peak conditions. The work presented includes a case study of a UK colliery. Areas explained are the equipment installation at the mine; the development of the demand reduction strategy including the load profile database and prediction optimisation model. Some live production data from the power meter installation at the mine is also presented.

Aug 1, 2013

By A. W. Asman

The problem of balanced design in a belt conveyor has been under constant study. Increased use of this method of transport in recent years has stimulated investigations. Conveyor belt, power transmission and other machinery should be adequate to perform the required service. All components of the belt conveyor should work as an efficient unit moving its load continuously between terminals. As part of a long term research project on belt conveyors, Hewitt-Robins established in 1954 a 2-year grant at Pennsylvania State University. Under terms of the grant, certain fundamental phenomena were to be studied. This work evolved a new concept in belt conveyor power determination based on the principle of belt tension. The Penn State contract furnished the foundation for later more detailed studies. From these most recent investigations, more specific factors were defined. In the final analysis, all of the data collected has been worthwhile in belt conveyor design. Units now operate over long distances at speeds of over 800 fpm. Long high lifts are commonplace. Where vertical or inclined shafts were the rule, belt conveyors receive first consideration. Although belt conveyors have moved forward rapidly, the future will see a tremendous gain in their use. The ideal test belt conveyor would be several thousand feet in length and have a maximum tension of at least 70,000 lb., Also, this conveyor should be horizontai and have a variable feed rate of more than one material. Data from such a field belt conveyor combined with laboratory information would permit accurate analysis. Since this type of conveyor was not available, many field locations were visited: An alternate would have been to erect a closed circuit system in the laboratory. Either method had limitations and the first was selected as having the best possibilities. Manufacturers of conveyor belting and machinery basically have been using the same horsepower formula. As more information became available from field installations, factors in the basic formula were modified. Practically all conveyors are designed today by adding together the horsepowers required to move the empty belt, move the load horizontally, and elevate the load. In selecting size of drive motor, the first two elements are relatively unimportant if the last is large. However, it is the combination of

Jan 1, 1961

By D. R. Parrish, F. F. Craig

In some respects, forward combustion (alias: fie-flooding, underground combustion, in-situ combustion, dry combustion) is an efficient oil recovery method. For example, its displacement efficiency (as much as 95 percent in reservoirs with high porosity and high oil saturation) is good. In its use of heat, however, forward combustion is grossly inefficient. Most of the heat generated during forward combustion is wasted. About one-fifth of the heat is picked up by the incoming air and re-used (regenerated); the remainder is left behind the combustion zone and ultimately is lost. Compressed air is expensive, and heat generated from compressed air via underground combustion is too valuable to be thrown away. Improvement is needed. Since the early 1950's, improvements in forward combustion by addition of water injection have been discussed, particularly in the patent literature, with increasing frequency.'-'' These concepts are based on the fact that relatively inexpensive water can be used to pick up much of the heat that is ordinarily wasted during forward combustion, and transport it forward to a more useful place, thereby reducing the amount of air required to move a heat front through the reservoir. Several approaches have been proposed. Merriam and Squires1 taught that a combustible (fuel) gas should be injected along with the air and water. This, however, would give at least a tendency toward reverse combustion instead of forward combustion, and would reduce the velocity of the heat bank, defeating the primary purpose of the water injection. Pelzer2 described primarily a batchwise method of forward combustion and water flooding. He advocated burning part way through a reservoir with forward combustion, then switching from air to water injection alone to push the heat toward the producing wells. Though possible, this method has serious disadvantages, the major one being that, by the time water injection is started, much of the heat has been irretrievably lost to the overlying and underlying formations. We have described what is considered a practical Combination Of Forward Combustion And Water-flooding (COFCAW).3,4 Air and water are injected simultaneously (or alternately) after a small heat bank has been formed by forward combustion. Some of the injected fluid fills up the region behind the heat bank; the rest enters the heat bank. Upon encountering heated rock, the water is converted into steam, which then flows ahead of the combustion zone and displaces much of the oil in place. Only enough air is injected to provide heat for vaporization of the water and to compensate for reservoir heat losses. Since the size of the heat bank is minimized, heat losses also are minimized. Because of more efficient oil displacement ahead of the combustion zone, fuel consumption is reduced. Too, unlike a forward combustion zone that cannot move until all fuel at a point has been consumed, COFCAW leaves some

Jan 1, 1970