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By W. K. Osae

A value assessment model which uses deal objectives, financial and non-financial indicators as a guide to assess value creation in mergers and acquisitions. The extent to which post- merger deal objectives are achieved and the potential benefits derived from mining deals that may not necessarily be financial of nature, but which are necessary to sustain and enhance future performance, were considered. The pre-merger and post-merger performances based on some financial indicators that reflect profitability for shareholders were also used. This value assessment model was used to assess four major deals that have occurred in the South African mining industry since 2003 as part of a postgraduate dissertation. In this paper, the Harmony and ARMgold merger is used as an example of how the model can be applied. The model?s relevance and applicability can also serve as a guideline in developing a framework or holistic guideline in assessing whether mining BEE deals in South Africa create value.

Jan 1, 2011

By W. P. C. Duyvesteyn, J. R. Cutland, J. R. L. Russell

In 1970 it was decided to build a large new plant at the Chingola Division of N.C.C.M., Ltd., to treat concentrator tailings and leach residues with a low copper content by a leach-solvent extraction-electrowinning process. In order to assist in the establishment of the design parameters for the new plant, and to study the interaction of this plant with the existing leach-electrowinning plant, mathematical models, formulated as linear programs, have been developed and used extensively. The paper outlines the metallurgy of the plants and describes briefly the way in which the models have been formulated and used. The formulation involved the use of separable programming to form the products of some variables.

Jan 1, 2014

By M. G. Spengler

A new type of pack has been developed primarily for the support of narrow stopes. It was shown in the laboratory that it has characteristics that very closely approximate the optimum required by underground support to achieve hangingwall stability.

Jan 1, 1978

By А. Klemyatov, T. Vologdina, U. Gordeeva, S. Zbinets, А. Kalugin, N. Rozhdestvenskiy

The plants integrated in the PhosAgro group of companies perform processes from scientific research to the project, from ore mining to shipment of fertilisers and feed additives to consumers. An extensive process chain maintains smooth interaction at all stages from research to production. As an example, the paper shows the revamp of two beneficiation plants (ANOF-2 and ANOF-3), requiring a comprehensive approach to task solving. The intention of the revamp was to increase the total yield of apatite and nepheline concentrate, taking into account the gradual decline in the quality of ore being processed and ensuring the yield stability of final products during re-equipment of the plants. At ANOF-3, the crushing and grinding cycle was modernised, the production of nepheline concentrate was implemented, and the capacity of apatite flotation, dehydration, and drying was increased. At ANOF-2 a new process chain was implemented for the production of apatite concentrate in workshops previously used for the production of nepheline concentrate. The main building was withdrawn from operation, where ore grinding, apatite flotation and apatite concentrate thickening had been carried out. The total increase in apatite concentrate yield at two beneficiation plants was 1.3 times. A further increase in concentrate production is planned. Keywords: Apatite, nepheline, fertilisers, beneficiation, flotation, column flotation machines, revamp, fine screening

Jan 1, 2020

By M. Viljoen

South Africa has produced more than a third of the total gold mined throughout history and remains a major although, until recently, no longer the largest producer of gold. South African gold production peaked in 1970 with an output of 1 000 t, a major component of the western world?s gold production, with the development of the country?s economy having been based largely on this mineral wealth. The costs and difficulties of increasingly deep-level mining, coupled with increasing labour costs and the low gold price until relatively recently, have seen production fall steadily since then, with the closure of many mines including those of the Central Rand Goldfield in the mid seventies. Thus in 1998, only 464 t were produced, with 342 tons being produced in 2004. In 2006, 275 tons of gold were produced and after more than 100 years was the last year as the world?s largest gold producer. In 2008 gold production was 221 tons, making South Africa the third largest gold producer after China (292 t) and the USA (234 t). Gold production would have been lower if it had not been for massive tailings dam retreatment operations that started in the late seventies, including in the Central Rand Goldfield. Mining of a remaining deep and lower grade shallow resources has now also become a major focus and has recently lead to a rebirth of reef mining on the Central Rand Goldfield.

Jan 1, 2009

By P. E. Hand

SYNOPSIS This paper describes some of the markets for South African coal and their particular coal requirements. It describes how reserves are being used and suggests new strategies to make possible a synergistic ap¬proach that would benefit coal producers and end-users.

Jan 1, 1991

By C. A. Preece

Finsch Diamond Mine, part of De Beers Consolidated Mines (DBCM), is situated between Kimberley and Postmasburg in the Northern Cape, South Africa. The kimberlite pipe was discovered in 1960 and De Beers assumed full mining rights three years later. Production commenced in 1966 from an opencast mine, and the operation moved underground in 1990 by developing and implementing a new mining method of blast hole open stoping. A mechanized block cave was brought into production in 2005. While block caving was not new to DBCM, with productive caves having operated in Kimberley and Cullinan, from the outset, the Finsch caving operation was designed as the most advanced with a semi-automated ground handling system. The extraction level was laid out as a single sided herringbone system due to the very poor ground conditions on the south side of the pipe. These factors combined to create a unique environment, which necessitated a completely new approach to draw control. The required system was developed by a team consisting of DBCM personnel from head office and Finsch, GEMCOM and Sandvik-Tamrock, the equipment manufacturers. It was essential that the system could be run quickly, provide daily updates and issue calls directly to the LHDs. It was also important that the base data were obtained from the resource model, which was to be depleted on a monthly basis, thus forming a close link between mine planning and draw control. A further requirement of the system was that it would form a central database for the extraction operation where all data pertaining to delays and changes in conditions, be they production or ground condition related, could be recorded and analysed. The design brought together empirical rules and tables developed at Cullinan plus concepts from programming developed for the front cave at Koffiefontein so that the new system was based on sound practical experience. These facets were incorporated into PCBC (GEMCOM) and CMS and PCS (Sandvik-Tamrock programmes). The system has now been operational for just under a year and while modifications have had to be made, it has proved itself as a practical and reliable tool with which to manage the draw control at Finsch. The system is unforgiving and has forced the production team to focus on the specified drawpoints. Problems have been encountered but most of these have been related to re-educating a workforce, familiar with a flexible mining method, to the strict discipline required for a modern block cave.

Jan 1, 2007

By A. G. W. Knock

Logistic curves are used in the prediction of the primary production of tin metal from estimated worldwide resources. Such curves are asymptotic to the total cumulative reserves, which are a function of prevailing metal prices and total resources. The figures for tin resources are based on the findings of Robertson and of Brobst and Pratt, the latter authors including estimates of undiscovered deposits. It is suggested that tin production will slump from the present level to 100000 long tons per annum by the end of the century, but will reach a new peak of 200 000 long tons some thirty years later. It appears that production will never exceed 300000 long tons per annum unless substantial new resources, excluding those predicted, are discovered.

Jan 1, 1979

By P. van der Westhuyzen

Gone are the days of stock-standard diamond beneficiation and final recovery circuits that could, with minor modifications, be adapted to treat any diamond-bearing ore source. A new era has dawned, offering the opportunity to streamline existing diamond processing operations or develop simpler, more efficient, and economical diamond processing plants, with the focus on more efficient comminution, beneficiation, and final recovery. This change in scene has been brought about by: ? The introduction, rapid development, and maturation of multiple comminution, sorting, and recovery technologies ? The need to adapt to a new standard of project approach post the commodity super-cycle phase, where optimizing existing operations and developing scalable, ?fit for purpose? new mines are fast becoming the norm in diamond processing plants in both primary and alluvial operations ? The quest for energy efficiency and lower labour costs ? More remote and inaccessible reserves (under lakes, tops of mountains etc.). This paper serves to identify some technology advances and demonstrates how these could be considered as replacements for or in combination with conventional technologies to arrive at an optimum techno-economic solution. To name a few applications/technologies: ? Comminution: conventional cone crusher, modified/specialized cone crusher, and the high-pressure grinding roll (HPGR). Although significant advances have been made in recent years, this paper only briefly covers comminution within the beneficiation circuit design ? Waste sorting: NIR (near-infrared) sorting, optical (colour) sorting, XRF (X-ray fluorescence) ? Primary concentration by combining dense media separation (DMS) with either XRT (X-ray transmissive), pulsed X-ray, jigs, or pan plants depending on the application, scale, and economics ? Final recovery of diamonds with either conventional X-ray technology, pulsed X-ray technology, or XRT. From recent studies, it can be concluded that there is no longer a standard solution, but rather the ?right? or appropriate solution. Through combining a sound knowledge of the ore source (ore dressing studies or onmine data gathering) and leveraging off the advances in technologies, one is able, through trade-off studies, to arrive at the ultimate techno-economic configuration, the ?right? solution. Emphasis is placed on maximizing diamond recoveries through appropriate technology selection and minimizing the associated costs in an effort to de-bottleneck or improve efficiencies of existing diamond processing plants, or to arrive at the ideal new diamond process plant design..

Jan 1, 2014

By T. Marsden

The demand for continuous improvement in the industrial world is an ongoing process. Some sectors, where the competitive forces are well established, have led the development of new and reliable technological innovations. Although the metallurgical industry can rightfully be proud of its process improvements, there is still work to be done in materials and in material handling. In some cases, the improvements will be as simple as adopting technologies that have been perfected in other processing or manufacturing industries. This paper discusses the next design generation for copper tankhouses which will yield: ?Improved copper quality ?Improved equipment availability ?Lower life cycle costs ?Safer operations. These benefits will be realized through new developments and design improvements in: ?Permanent cathodes ?Cathode washing ?Cathode stripping machines ?Anode preparation machines ?Improved lead anode design ?Recycling of lead anodes and refurbishment of cathodes. The demand for base metals, and in particular copper, has led to more research into improving efficiencies in electrowinning and refinery plants around the world. One of the areas previously taken as a matter of course was the production of lead anodes and stainless steel cathodes. In South America alone there are over 600 000 cathodes and anodes in circulation?a very significant figure.

Jan 1, 2009

By D. Sager

Middleburg Ferrochrome (MFC), a company in Samancor Chrome, commissioned a new ferrochrome smelter in March 2009. This is a 60 MW DC-arc furnace with a DC power supply for the smelting of Transvaal chromite ore fines. With the benefit of 12 years' experience with this technology while operating a 44 MW DC-arc furnace, MFC mitigated all known challenges and considered up-scaling risk in the new plant, which had a rapid ramp-up to full power in 02 of 2009. Good operating practices, as made possible by robust equipment selection, including a thyristor rectifier set of proven technology, and operation with optimal slag chemistry, leads to a safe and effective plant operation. With the optimized furnace design and a correctly sized power conditioning system, using only standard (static) harmonic filters and a correctly sized smoothing reactor, the arc furnace is not a 'dirty load' for the utility, staying well within IEC limits for power quality. A patented arc compensation system is installed and allows for full arc position control (to compensate for magnetic field induced arc deflection) so that a symmetrical crucible is maintained, significantly benefiting refractory life. The principal benefits gained from the MFC process is the fact that ore fines are processed, without metallurgical coke, and higher chrome recoveries are achieved compared to other smelting technologies when using a DC open arc for smelting. Keywords Samancor Chrome, Middelburg Ferrochrome, ABB, smelting, DC arc furnace, arc compensation, power factor correction, anode, harmonics, thyristor, reactor, maintenance, refractory, ores, reductants.

Jan 1, 2010

The general standard of engineering in South Africa will, it is believed, reach new heights after the establishment of the S.A. Council for Professional Engineers (SACPE) in February, 1969. The Council is being created to establish standards for professional engineers in this country and ensure that the quality of engineering is maintained at a high level. In terms of the Act of Parliament under which the new Council will operate, all consulting engineers will have to be registered if they wish to remain in private practice. While engineers who are not in private practice cannot be compelled to register, it will be in their interests to do so, according to a statement issued by Mr M. R. Gericke, chairman of a Shadow Council which is at present preparing for registration and drafting the requirements for registration. Registration is seen as an important move towards maintaining the quality of engineering in South Africa. Engineers will be encouraged to strive for professional status by gaining the necessary qualifications and the varied range of experience required by the Council before registration. All work done by registered professional engineers will have to conform to certain minimum standards. A spokesman for the Council has urged all engineers to ensure that they apply for registration when the Act comes into force in February. The Council is also anxious to gain the co-operation of employers in ensuring that the holders of professional engineering posts will be registered. Full information regarding registration will be sent to engineers throughout South Africa early this year, and announcements will appear in the press.

One of the largest and most exciting cast murals in the world has been erected in Johannesburg, forming the focal point of the large atrium in the new headquarters complex for Johannesburg Consolidated Investment Company Limited (JCI). Known as 'Rockface', this is waterwal1 structure formed of cast stainless-steel panels

Jan 1, 1986

By G. G. Garrett, J. A. Peters, J. V. Bee, M. W. Atkinson

The development of steels with improved abrasion-corrosion resistance for use in underground components in South African gold mines is described in terms of design, manufacture, and performance. Based on the concept of microstructural design, new compositions were formulated to provide the optimum structures and properties. Extensive laboratory tests were conducted, and an industrial melt was produced. The resultant materials were tested for fabricability and machinability, and various components were manufactured. According to the preliminary operational results, these alloys exhibited outstanding performance in wear-plate tests, and are very promising for general application in underground components.

Jan 1, 1987

The paper discusses some theoretical aspects of Gy's sampling theory and provides reasons as to why it has found limited use in the mining industry, particularly for ores with low concentrations of values such as gold. These types of ores are referred to as low grade ores in the paper. It is shown that the misuse of the a priori liberation factor proposed by Gy is the main reason for the implementation limitation of Gy's model for low-grade ores. In addition, results of a case study done at the Gencor Geostatistics Department based On the new implementation of Gy's theory are provided.

Jan 1, 1996

By K. A. Moxham

The ARM 1100 was described in a paper presented at the 6th International Symposium on Mine Mechanization and Automation in September 2001. It started operation underground at Rowland Shaft in early 2002. This paper covers the results of those trials that resulted in more than 1 100square metres of UG2 being mined.

Jan 1, 2004

A manual on mines rescue, safety and gas detection, by J. Strang and P. Mackenzie-Wood. Australia, Austcue, US$25. (Available through Hampo Systems (Pty) Ltd. Reviewer: W. Holding. The book had its origins in a set of notes used by one of the authors for training purposes at the Southern Mines Rescue Station in New South Wales

Jan 1, 1987

By S. Poirier, J. -M. Facteau

The gold mine sector is presently facing low gold prices as well as technological challenges. Its competitiveness and survival will depend on new mining methods and equipment to improve ore extraction. In 1999, Natural Resources Canada has invested new funds over a period of three years at CANMET’s Experimental Mine to establish the Narrow-Vein Mining Project. A team of engineers and researchers specialized in mining, mechanics and electronics engineering are working to meet the critical need of ore-extraction technology. CANMET’s programme in mechanization and automation for narrow-vein mining had, prior to 1999, realised several important achievements, many in co-operation with a consortium of mining companies(Soredem). The investment of new funds in this area will contribute to develop technologies to improve the productivity, as well as health and safety conditions of the narrow-vein mining industry. Several important impacts of this project will be monitored. In particular, a database of methods and equipment used in narrow-vein mining is being developed. A key thrust is to identify operators’ needs with respect to the development and automation of mining methods and equipment. Based on those needs, research and development projects will be created. The paper will present the objectives of the narrow-vein mining project and some of the results, including the web site developed to present the results of the project.

Sep 1, 2001

By B. C. Alberts

Rapid and effective handling of run-of-mine, waste, and treated materials is vita.! to every step of resource development and recovery. Modern mine managements have planned and engineered systems for the handling of ever-larger tonnages. Where traditional methods have not proved to be costeffective and adequate, managements have pioneered the development of new materials-handling systems in the mining industry.

Jan 1, 1983

By Richard J. Robbins

Raise and shaft drilling, a continuing development RICHARD J. ROBBINS* (Visitor) Although the past decade has witnessed many improvements in large-diameter drilling machinery for the boring of raises, there is still room for improvement both in operational use and in the design of equipment. Some of the available machines are described and illustrated, and it is concluded that the possibilities of new systems and designs should continually be re-assessed since the factors that determine their feasibility, such as bore diameter, cutter costs, and penetration rates, are changing rapidly.