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By S. Leong

This paper reports on research examining disclosures from mining companies regarding their water usage in the Macquarie and Lachlan catchment areas, both parts of the Murray-Darling Basin in New South Wales, Australia. The objective of the research was to assess whether this disclosure is sufficient to allow communities to determine whether mining companies are complying with mining conditions of consent and abiding by the requirements of their water licencing agreements. These requirements are then compared to the water reporting requirements of the Global Reporting Initiative (GRI) and the Water Accounting Framework for the Minerals Industry (WAFMI). Communities are concerned about whether the mining industry?s use of water will have impacts on their livelihoods and lifestyle and thus require information concerning the quantity of water that will be extracted, how much water will be left for other stakeholders and whether the mining will affect water quality. This is an archival study. It has involved examining relevant publically available information released by mining companies and government regulators and determining if this is sufficient to meet the needs of the local communities. Additionally, it has involved looking at information indirectly provided by mining companies, via the use of intermediaries. Further, information availability concerning basic water accounting and regulatory breeches and whether such information is available at the mine site level has been considered. It is found that while NSW legislation places very little reporting requirements on mining companies, the development consent conditions for new projects and extensions to existing projects are quite significant and should be sufficient to meet the needs of local catchment residents though such information is not always easily accessible for the layperson.

Aug 1, 2013

By Knud Sinding

Many industries have established their own systems for self-regulation. They often do so when companies operate in countries where financial, technical, environmental and social regulation is weak and when the industry is challenged by legitimacy issues related to behaviour in one of these areas. Mining is one industry that has progressed unevenly down the road of self-regulation in these areas. This paper examines how the development of self-regulation for mines and mining companies involves difficult questions of scope, rules, membership, assessment criteria and performance evaluation. Using a range of theoretical and empirical results from research on self-regulation, performance rating and corporate strategy, this paper analyses the strategic and operational issues related to the idea of self-regulation in the mining industry. The analysis indicates that while self-regulation may bring benefits to members, they are likely to take a long time coming; but when they do arrive they may be substantial. Using the fact that in relation to technical and financial issues the industry is quite experienced in self-regulation ? not least as it is more reluctant in areas such as environmental and social performance ? the case is made for a comprehensive and innovative approach, that draws on the areas where the industry is experienced and develops new institutional solutions in the areas where the industry is more reluctant.

Aug 1, 2013

By Jayne Somers

Methane (CH4) is a potent greenhouse gas, accounting for 15 percent of all global greenhouse gas emissions in 2005. Since methane has a much shorter atmospheric lifetime than carbon dioxide (CO2), reducing methane emissions can achieve considerable climate benefits over the next 25 years. Coal seams often contain significant quantities of methane and CH4 released to the atmosphere from gassy mines during coal extraction is a major source of greenhouse gas emissions. Methane (CH4) emissions from coal mining activities constitute approximately 6% of total global human-related methane emissions. Coal mines around the world have recognized that methane is a clean energy resource that can be captured and used productively. Coal mine methane (CMM) is currently utilized for power generation, natural gas pipeline injection, vehicle fuel, industrial process feed stocks, on-site mine boilers, mine heating, and home heating distribution systems. Upgrading mine degasification systems can often improve gas quality and create favorable project economics. The United States has been a leader in coal mine methane (CMM) recovery and use since the 1990?s. There are now 15 projects at active underground mines in the U.S., as well as 26 abandoned mine methane projects. Recovery and use projects at active underground U.S. mines reduced methane emissions by approximately 49 Billion cubic feet in 2010. In an exciting new development, a ventilation air methane (VAM) mitigation project at the CONSOL McElroy mine in West Virginia was installed by Verdeo. Operational since September 2012, this is the first commercial-scale VAM project in the U.S. and the project will reduce methane emissions by an estimated 920 MMCF/yr. As part of the U.S. Greenhouse Gas Reporting Program, actual data on methane emissions from underground coal mines was collected for the first time in 2011 and reported to U.S. EPA in September 2012. The data collected will help inform stakeholders, particularly the underground coal mining industry, of CMM emission sources on public and private lands. The detailed data will also shed light on the specific sources of methane from active underground coal mines and highlight project opportunities for the U.S. coal industry. The paper will cover U.S. coal mine methane emissions, U.S. CMM utilization and destruction projects, Federal policies and State incentives for CMM capture and utilization. 2011 CMM data from the U.S. Greenhouse Gas Reporting Program Subpart FF will be analyzed and compared with previous U.S. Greenhouse Gas Inventory estimates. Other developments, including the voluntary carbon market, will be discussed.

Aug 1, 2013

By J. Espí

The mineral price assigned in mining project design is critical to determining the economic feasibility of a project. Nevertheless, although it is not difficult to find literature about market metal prices, it is much more complicated to achieve a specific methodology for calculating the value or which justifications are appropriate to include. This study presents an analysis of various methods for selecting metal prices and investigates the mechanisms and motives underlying price selections. The results describe various attitudes adopted by the designers of mining investment projects, and how the price can be determined not just by means of forecasting but also by consideration of other relevant parameters.

Aug 1, 2013

The problem of thin and very thin coal seam extraction in a long perspective of Ukraine?s fuel and energy industry development was determined. Technical and economic benefits of coal seams selective mining technique including beneficial environmental impact were substantiated. The scientific and practical aspects of development of borehole underground coal gasification (BUCG) technology are considered. The technological scheme of underground gas generators is offered on the basis of the authors? criteria of fitness and adaptability to the mine and geological conditions. These charts foresee the preparation of gas generators from earth surface and directly from the present mine working by inclined horizontal boreholes. Basic research is directed at abandoned supplies extraction in coal mines. Concepts of technological decisions and technical implementation of the underground part of the gasification system are worked out with analytical models, with subsequent test verification on special options and a mine experimental gas generator. Forming the technological scheme of gasification is founded on the basis of tying up spatial and sentinel factosr of coal seam gasification taking into account sufficient impermeability of the system a «gas generator ? rock massif» and to dirigibility by thermochemical processes that flow in a rock massif. The offered solutions contain the possibility of creation of the power and chemical enterprises of gasification, taking into account the complex use of BUCG products in the ecologically reserved technological cycle. Gas generator efficiency is evaluated from an economic standpoint.

Aug 1, 2013

By G. Mihaylov

The basic principles of systems analysis are presented. A model has been designed to determine the location of the Main opening in the presence of three or more stock orebodies. The necessary condition is to find a location for the Collection point which is an essential element in opening up each orebody (stock). The model takes into account the total transportation costs from each orebody to the collection point. Three variants are considered provided that the orefield is divided into two levels at least: - a collection point is designed at every level; - a collection point is designed at the lowest level, i.e. where the so-called concentration level is formed; - the collection point is located at a point between the planes of the two levels; The effect of the depth of mining and mine output on determining the method of opening up the orefield has been analyzed by considering a vertical and/or an inclined shaft. A function has been constructed which allows for investigating in both a static and dynamic regime the capital costs for constructing the whole complex including the shaft. The character of the function does not allow finding the global limits. Therefore, it is of particular importance to specify the limiting conditions. In this case these are the flow capacity of development openings and the shaft. The basic groups of cost and natural indicators for assessing and selecting an optimal technological solution have been systematized. The combined analysis of the two approaches to finding the location of the Main opening and determining the mining method enables us to determine when an inclined shaft is best, and the depth at which opening by a vertical shaft has no alternative. Thus, a transition area is formed for which the selection of an optimal technological solution requires an analysis similar to that proposed in this paper. Conclusions are finally drawn which serve as a basis for determining the areas of application of each opening, including the use of a combined scheme of mine opening. The approach presented can be used in both investigating the possibilities for opening up new orefields and reconstructing existing ones in cases when the mining operations go deeper.

Aug 1, 2013

By O. Lundhede

Today, systems and machinery usually are designed to meet only one specific customer?s requirements. One reason for this is that underground automation and smart functions are often developed tightly together with a customer. This is natural, since risk and cost can be shared between the customer and the supplier. Nevertheless, when the automation product develops and the market increase this will cause problems: The highly specialized products will not fulfill the next customer?s demands. In order to cope with this problem, Atlas Copco works towards a common platform. Instead of designing solutions for specific customers, we will lift the abstraction and focus on standardized modules. These modules, or function blocks, can then be combined in a large variety of configurations. The benefits of combining modules into products are, for example: increased flexibility when options are available for many machines; easier commissioning and maintenance since less different spare parts and tools are needed; and easier operation since the user interfaces have a similar look and feel. This paper will present the ongoing work towards standardized modules. We will discuss how our Rig Control System (RCS) allows for modular design at Atlas Copco. RCS has number of standardized modules that are used in different surface and underground mining and tunneling equipment. These modules are also used for optional products such as, drilling, radio-remote control, and telematics systems.

Aug 1, 2013

By Tyler Roberts

New Afton mine is an 11,000 tonne per day block caving operation, located 8 km west of the city of Kamloops, British Columbia. Due to the nature of block caving and the weak rock mass at New Afton, the mine has faced and overcome many blasting challenges during its ramp-up to commercial production. As New Afton Mine continues to grow the demand for drill and blast precision has continued to grow as well; any misstep incurs delays in achieving full production capacity. The block cave mining method used at New Afton employs single-shot draw-bells, fired with very little void and blind undercutting, allowing little margin for error. New Afton has made continuous improvements to its blasting strategy by reacting quickly to real-time problems and employing sustainable, repeatable solutions to overcome its unique blasting requirements. Examples of these solutions include: increasing blast hole diameter, casing production drill holes, developing pre-loading procedures and developing strategies for remotely blasting under-broken remnants in both draw-bells and undercutting. Increasing the blast hole diameter has alleviated initial problems with hole plugging in the highly jointed rock mass at New Afton. This has reduced drill-cleaning time significantly and enabled New Afton to meet blasting targets. PVC hole casing was trialed when blasting in extremely fractured ground, where drill holes continually plugged. The casing allowed the drill holes to remain open long enough to load and blast. Calculations were carried out in order to achieve the same explosive energy in the cased holes as a typical blast. Results were generally positive, but more testing is required. Production flexibility and scheduling reliability have been maintained at New Afton by developing a pre-loading procedure for the production undercutting. In doing so, New Afton has been able to keep productivity high by having a flexible production schedule that is not reliant on a specific piece of equipment or production drive to remain productive; this flexibility is because the mucking of undercut material can occur at any stage of the drill/blast/muck cycle. New Afton has developed a strategy for blasting remnant under-break in its draw-bells and undercutting by remotely drilling holes near to the under-broken section and then loading the toes of these holes with emulsion, the remainder of the hole is then filled with grout. The holes are grouted in order to prevent damage to permanent pillars between draw-bells (where the majority of the recovery holes need to be located). Several critical areas were recovered using this technique with little to no damage to the remaining permanent pillars. Innovative blasting solutions have allowed New Afton to overcome obstacles in order to become a producing operation. Moving forward, New Afton looks to continue its trend of innovative drilling and blasting techniques when faced with out of the ordinary situations.

Aug 1, 2013

By Moatassem Abdallah

Buildings in the United States account for 72% of electricity consumption, 40% of energy consumption, 13% of water consumption, 39% of carbon footprint, and 30% of waste output. In order to minimize these negative environmental impacts, many public and private owners are requesting that their buildings be more sustainable and certified under the widely known programs such as leadership in energy and environmental design for existing buildings (LEED-EB). To accomplish this, buildings are increasingly integrating green building measures including energy efficient lighting, motion sensors, thermal pane glass, geothermal heat pumps, EnergyStar rated HVAC systems, photovoltaic systems, and wind turbines. This research paper presents the development of an automated decision support system (DSS) that is designed to optimize the selection of green building measures which can be used to upgrade existing buildings. The developed DSS incorporates two optimization models that are capable of (i) minimizing the total upgrade costs required to accomplish a specified LEED-EB certification level such as silver or gold; and (ii) maximizing the number of accredited LEED-EB points within a specified budget of upgrade costs. The DSS is designed to identify a set of optimal upgrade decisions that accomplishes these two optimization objectives. An application example is used to illustrate the capabilities of the DSS and to validate its result.

Aug 1, 2013

By Fabio Mielli

In these times of increasing costs and diminished returns, energy consumption is one source of savings that remains relatively untapped in the mining sector. Typically, 15% to 40% of operational costs can be attributed to energy in mining operations. This ?process variable? is a complex, multi-faceted variable that involves government regulations, societal pressures, cost and competitiveness. A mining company able to successfully embrace an energy efficiency program is more often than not a successful mining company. Production optimization programs, relatively common today, provide increased production, increased availability of assets and, in many cases, improved quality. They generally ignore the energy question altogether. Production Energy Optimization combines reductions in energy consumption with production improvements to reduce the cost per unit of production while improving emissions reporting. An energy strategy in mining and mineral processing operations is a critical component of Production Energy Optimization. This strategy must support the financial and operational integrity of the business. Developing a successful energy strategy requires a well structured approach such as following: ??Understanding where energy is being used and why, ??Recommending and implementing energy conservation measures, ??Driving visibility to targets and results, ??Re-evaluating continuously. The objective of this paper is to help you better understand the process, tools and technologies that enable mining organizations today to address energy and sustainability issues more tactically and proactively.

Aug 1, 2013

By Frederick Bird

This paper is based upon a review of studies of mostly Canadian mining companies in Chile, northern Canada, Tanzania, Guatemala, Ghana, Sierra Leone, and the Democratic Republic of Congo. In spite of often well-meaning efforts most mining firms produce wealth in developing areas that largely benefit those immediately involved, sometimes neighboring communities, and often those in the governing strata. Typically mining takes place in enclaves and fosters enclave development, rather than the kind of inclusive wealth development favored by the recently UN published Inclusive Wealth Report. One way by which mining operations can foster more inclusive wealth development is to adopt much broader approaches towards the construction of the various physical and social infrastructures ? roads, water, electricity, health services, schools, security ? required for their own operations by collaborating with diverse regional, provincial, and/or national agencies and businesses to develop these infrastructures for larger populations and areas beyond the immediate sites where they are operating. Established mining firms can also foster more inclusive wealth development by establishing more formal, collaborative relationships with artisanal miners.

Aug 1, 2013

By Marketa D. Evans

The mining industry has a significant opportunity to capitalize on its past learnings in order to build better social relationships. The industry?s relationship with society is both critical and under pressure. Rising levels of public opposition and social conflict are already having material impacts on operations around the world. Industry has an opportunity to shape the future direction of this social engagement, build public trust and proactively respond to a material risk to operations, but first it needs to better understand the nature of the challenges and the urgency of addressing them.

Aug 1, 2013

By J. G. Bennett

Coal consumption has increased globally by 57% over the last ten years. Underground mining typically provides coal of the highest calorific value and accounts for the greatest proportion of production. Despite a negative environmental image and indeed impact, this industry appears likely to thrive on the global scale for many years to come. Such mining consumes large amounts of electricity with implications for carbon dioxide emission at power plants and emits substantial quantities of the powerful greenhouse gas methane. In response to this significant carbon footprint, the European Union has funded research to examine the potential for a range of improvement technologies in a project entitled Low Carbon Mine Site Energy Initiatives (LOWCARB). Coal properties related to seams and mines, together with longwall characteristics, provide the basis for research into modelling optimally efficient methane drainage with a view to assisting mining as well as maximising electricity generation at surface and hence oxidation of the methane. Possible systems for the oxidation of very low concentration methane in ventilation air, which contributes the greatest greenhouse gas impact due to the volumes emitted, have been studied and modelled. Simulation and investigation of intelligent optimisation of electricity demand patterns provide the basis for reducing the demand peaks at mines and hence the cost and ultimately the carbon footprint of a mine, while specific investigations have been undertaken into ventilation efficiency at an unusually challenging mine and simulation of mine water pumping in order to develop an innovative method to monitor pumping systems efficiency. For post-mining use, the potential of disused shafts for compressed air energy storage to improve the operation of future electricity grids with high renewable energy penetration by reducing peak generation capacity requirements has been studied. While underground coal mining will always by definition be related to a significant carbon footprint, this paper provides an overview of a set of initiatives that can make a positive environmental impact while controlling costs across a huge global industry.

Aug 1, 2013

By Mousa Mohammadi

Due to operational advantage of dragline in simultaneous excavation and back-filling, the equipment has gained vast importance in open-pit mining. Besides, absence of auxiliary haulage units and a myriad of other benefits are also credited in favor of excavation of muck piles by the draglines. However, the aspects of production, productivity and economics are of utmost significance in dragline operation and planning. In this light, the present paper is an endeavor to analyze availability and utilization of dragline operations. The paper presents a good amount of data for 4-draglines operating in one of the major opencast projects in India. The study reveals the trends of availability and utilization of these draglines during last 11-years. Furthermore, the study also highlights the salient reasons for loss of available hours and for idling of the draglines. Some startling information and facts have been illustrated in form of graphs and pie charts.

Aug 1, 2013

By Mory Ghomshei

As fossil fuels become depleted over the next century, it is imperative that Canada and other countries examine ways to transition to other sources of energy, particularly renewable resources. A critical obstacle to developing Canada?s renewable energy resources is the scarcity of infrastructure to wheel the generated electricity to a viable market. For each megawatt of renewable electrical power, a maximum of 1 km of connecting power line is typically feasible. This means that hydropower, geothermal, and wind power projects with capacities up to 100 MW must be located within a maximum of 100 km of a main power line in order to be economically viable. With a total length of about 1200 km, the proposed Northern Gateway oil pipeline project creates an excellent opportunity to become a corridor that can seed renewable energy projects in Northern British Columbia and Alberta. Utility companies must build new infrastructure to provide the electricity for constructing and operating the proposed pipeline. The pipeline and linked power line infrastructure therefore, should be designed and built with consideration to create an energy highway to the significant renewable energy resources, such as hydro, wind, and geothermal, in the vicinity of the proposed pipeline. Some of the important renewable energy resources in northern British Columbia can be developed in connection with the proposed pipeline. It is estimated that close to 2,500 MW of commercially viable wind, geothermal and run-of-river power resources are present in the proximity of the proposed pipeline corridor. While oil flows westward from the Alberta bitumen fields, the generated green power can flow eastward to help the Canadian oil sand industry to offset as much as 10 Megatons of carbon emissions per year. The generated carbon credits are equivalent to 75% of the emissions associated with extraction of the 525,000 barrels per day of oil from oil sands, intended to be carried by the pipeline.

Aug 1, 2013

The National Mining Hall of Fame and Museum (NMHF&M) will induct the 2013 National Mining Hall of Fame class on Sept. 14, 2013. The ceremony will take place at the Brown Palace Hotel in Denver, CO. Representing the domestic and worldwide metal production, education, and health and safety sectors of the industry, this year?s five inductees cover a diverse cross-section of the mining industry. The inductees are: Charles F. Barber, Donald W. Gentry, Patrick H. O?Neill, Milton H. Ward and David A. Zegeer. They will join 218 other mining industry pioneers when they are formally inducted into the National Mining Hall of Fame at the 26th Annual Induction Banquet and Ceremony. They were selected for being visionaries, leaders and ambassadors, both within their own sectors and across the industry at large. Barber was a top executive at leading U.S. metals producer Asarco from 1956 to 1982. During his tenure, Asarco responded successfully to the demanding requirements of new environmental legislation in the United States and to changing concepts of foreign investment in mining, especially in Latin America. Gentry?s career took him from being a working mining engineer, to renowned mining educator, to president and chief executive officer of a mining company. As an educator, he had a positive impact upon hundreds, if not thousands, of new mining engineers and many others who took his short courses in mine economics. During his years in South America, O?Neill did everything from supervising operations of 15-bucket ladder gold dredges to becoming president of International Mining Corp. As an executive, he emphasized provision of education and training to local people working at mine sites for which he had responsibility. Ward?s experience covered the world and spectrum of metals, minerals and ores, ranging from A to Z (antimony to zinc and Australia to Zambia). He was president, chairman and chief executive officer of Cyprus Amax Minerals from 1992 to 1999, and he was president and chief operating officer of Freeport-McMoRan from 1983 to 1992, during which time he was instrumental in developing Freeport?s world-class Indonesian operations. Zegeer dedicated his mining career to protecting the health and safety of miners as a corporate executive, head of the U.S. Mine Safety and Health Administration (MSHA) and community leader. His tenure at MSHA coincided with a period of remarkable progress in U.S. mining safety .NMHF&M Board of Directors Chairman Paul C. Jones said: ?The five outstanding gentlemen being honored this year as inductees into the National Mining Hall of Fame are classic examples of the leadership and work ethic that has made America?s mining industry the world leader in technically sound, environmentally and socially correct, and economical mineral production that sets the standards for mining worldwide. We are very proud to add these five legendary gentlemen, who have demonstrated their sound technical and management skills to advance society on a worldwide basis, to our current list of 218 inductees being honored by the National Mining Hall of Fame.? 2013 Prazen Award winner ? The Nevada Mining Association is the recipient of the 2013 Prazen Living Legend of Mining Award

Aug 1, 2013

By Zhang Junzhi

This paper relates cross-border mergers and acquisitions (M&A) risk management theory to actual coal enterprises in China. The 3 phases of M&A are preparation, implementation and integration. By using the Analytic Hierarchy Process and fuzzy evaluation methods, we will try to establish a model to assess risks of the cross-border M&A of China?s coal enterprises. We then apply this model to the case of Yankuang Group acquisition of the Felix Company and receive the assessment results. There are significant reasons for quantitative research on risks of cross-border M&A of China?s coal enterprises, such as effective prevention and risk-aversion, and facilitation of cross-border M&As.

Aug 1, 2013

By D. L. Cluff

Ventilation Air Methane (VAM) is a high volume low concentration methane source. The capture or use of methane from VAM is challenging, which results in the routine discharge of methane into the atmosphere. Mitigating VAM has the benefits of providing an energy source and reducing the atmospheric Greenhouse Gas (GHG) burden. The GHG radiative forcing effect of methane is 17?23 times as potent as carbon dioxide on a 100-year time horizon. Thus, any reduction in atmospheric methane would be beneficial. The calorific value of methane is 55.5 MJ/Kg; therefore, a 100 m3/s flow with VAM concentrations from 0.1?1% can provide 3.8?38 MW of exploitable power. Strategies to mitigate VAM such as: Thermal Flow Reverse Reactors (TFRR), Catalytic Flow Reverse Reactors (CFRR), Lean Burn and Catalytic Gas Turbines, Biothermica Vamox®, Megtec VOCSIDIZER©, and Vamcat? are briefly reviewed. The review of VAM mitigation technologies reveals disadvantages such as the need to maintain a minimum internal heat capable of oxidizing the methane. This requirement uses all of the available methane up to the point of reaction sustainability and up to half at the highest methane concentration in VAM. Some systems may introduce a pressure drop to the ventilation system, which would impinge on the existing ventilation system design. These impediments necessitate the development of a more amenable technology. In the proposed system, gas turbines (GT), coupled to a combustion chamber with an external fuel supply, assist the combustion of the VAM. The combustion-chamber coupled system provides electricity, while the heat contained in the GT exhaust gases increases the temperature of the VAM, encouraging the development of a flame inside a combustion chamber. The flow from the combustion chamber streams through a primary air/fluid heat exchanger capable of producing steam of a high enough quality to generate electricity using conventional steam turbines. The residual heat after primary extraction, directed through other equipment, provides additional heat based products such as industrial scale dry air, chilling by an absorption chiller or hot water. The overall design of the system is scalable for low to high VAM flows or variations in concentrations and is capable of providing the company or community with heating, chilling, hot water, electricity or motive force as needed by the particular site or community. The Multi-generation system uses heat from three sources to provide clean efficient energy while mitigating the atmospheric emissions of methane. These sources are heat from the GT, often considered waste heat, heat from fuel injected into the igniters and heat from the VAM. The opportunity to collect carbon credits may improve the economics. In order to design a system with this capacity, a detailed analysis of the combustion characteristics of three separate flows is required. VAM is the main airflow, having the highest volumetric effect, while the GT exhaust and the additional fuel added to the hot exhaust flow of the gas turbine are lower flows, but have a higher velocity and temperature. The aim of the modeling undertaken in this work is to establish the combustion dynamics, degree of pre-heating required and the geometry essential to the design of combustion based VAM mitigation multi-generation systems.

Aug 1, 2013

By William Gleason

The world has seen unprecedented economic changes in recent years, starting with the stock market collapse of 2008 and the great recession that followed. With these changes, the mining industry, like others, has been forced to find ways to adapt to the shifting and sometimes volatile conditions. It has been a bumpy ride that has not been easy. Prices for most commodities have been in a decline in the past several quarters ? albeit still well above the average prices of 10 years ago ? as the costs of production have been on a steady incline for the past 10 years. Adding to the concern was the report in April that China, which had grown at an average pace of 10 percent/year, for the past decade, slowed to less than 8 percent gross domestic product (GDP) growth this year, catching many off guard. Even gold, once the safe haven for investors during rocky times, stumbled in April of this year, losing 7 percent of its value in two days. So what?s an investor to do ? and how can companies still attract financing? For the first time in 10 years, SME, in conjunction with the New York Local Section of SME, attempted to clear the waters of the mining finance sector with a conference focused on ?Current Trends in Mining Finance.? Held at City University of New York, Graduate Center, April 29-30, the two-day conference attracted 148 attendees and was intended for senior executives and mining industry specialists, covering a range of important topics and trends through 17 panels with about 50 speakers. The presentations came from representatives from some of the most influential companies in the mining and financial sectors, including Citi, Nomura, Societe Generale, Caterpillar, Newmont Mining Corp., Ernst & Young, Export Development Canada (EDC), KPMG, HSBC, Tocqueville Asset Management, BNP Paribas, Revett Minerals, Royal Gold, Environ and ERM.

Jul 1, 2013

By A Llewellyn, M Varvari

The ventilation circuit at the FrogÆs Leg Mine was originally designed to permit mining to progress down to 440 m below surface at a maximum production rate of 500 kt/a, as per the feasibility study. The FrogÆs Leg resource has now been defined down to 640 m below surface at a maximum production rate of 750 kt/a. In order to allow for this increase in production depth and tonnage, it was necessary to upgrade the ventilation circuit.This paper outlines the upgrades to the ventilation circuit that were undertaken and the underlying rationale behind them.CITATION:Llewellyn, A and Varvari, M, 2013. Ventilation upgrade at the FrogÆs Leg Mine - Case study, in Proceedings The Australian Mine Ventilation Conference , pp 95-102 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 1, 2013