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By Roger Payne, John R. Goode, Feng Gao, James Brown

The Eco Ridge deposit is located in the Elliot Lake mining camp in Northern Ontario, Canada. Between 1955 and 1996, the area produced more than 138,000 t (300 million pounds) of U3O8 and very significant amounts of thorium and heavy rare earths. Based on the NI 43-101 Preliminary Economic Assessment by Roscoe Postle Associates (RPA) dated June 2012, and the economic review by RPA as announced in Pele Mountains’ Press release dated September 12, 2013, the Eco Ridge Mine Project would extract and process 46 Mt of material to produce about 19,000 t (42 million pounds) of U3O8 and about 65,000 t of rare earth oxide (REO) over a 14-year life. This paper discusses process optimization studies including beneficiation and hydrometallurgical testwork. The proposed modified flowsheet includes the flotation and processing of 1) a pyrite concentrate, 2) a dominantly light rare earth elements (LREE) concentrate, 3) a concentrate containing most of the balance of the uranium and heavy rare earths (HREE), and 4) a relatively inert tailings.

Jan 1, 2014

By X. S. Yuan

With the production increase of Oil Sand in Fort McMurray Alberta, more efficient tailings disposal has become a priority for Syncrude Canada Ltd. A lot of work on tailings research and development has been compiled to determine the most effective deposition to increase reclamation options, water re-use and thermal energy recovery. Efficient flocculation of fine oil sand tailings is the key technology for thickening. It was identified that flocculation of fine transition/marine ore tailings using a single flocculant was not effective. The thickener overflow contains 1-4% solids content compared with the target solids content of <0.5% obtained with Estuarine ore. As a result, novel processes for treatment of fine transition/marine ore tailings have been developed at Syncrude Bitumen Production Development since June 2004. While the conventional processes using a single flocculant, a single coagulation, or a coagulant-flocculant combination was ineffective for transition and marine ore tailings, the new processes including Coagulation-Flocculation-Coagulation (CFC), Flocculation-Coagulation (FC) and Flocculation-Coagulation-Flocculation (FCF) were acceptable options. The key components of these technologies consist of the recipe of chemicals and their adding sequence. With these technologies, almost all sub-micron clay minerals are aggregated together and settle as a whole, resulting in a clear supernatant of less than 0.1% solids.

Jan 1, 2006

By Tapiwa Chenje, Victor Olivas, Peter Radziszewski

"Ore breakage and grinding media wear have always been considered and determined separately in laboratory tests. However the two processes are linked with the ore broken down in any comminution device being responsible for the majority of the steel wear experienced. The Comminution Dynamics Laboratory (CDLab) successfully developed a test methodology that can more accurately predict grinding media wear in tumbling mills than the Bond Abrasion test. This paper looks at the possible application of the abrasive wear methodology to determine breakage parameters of the same ore used in the abrasion test. Results indicate that breakage parameters comparable to t10 can be determined using the Steel Wheel Abrasion Test (SWAT), while using significantly less ore than standard breakage tests.BACKGROUNDThe Rubber Wheel Abrasion Test (RWAT) is an internationally accepted and widely used method for determining the abrasion wear behavior of materials. The abrasion wheel test was developed to primarily utilize a steel wheel (Brinell, 1921). Haworth (1949) criticized using of the steel wheel by arguing that increasing the contact area size in the steel wheel test causes a change in the wear rate with time. He suggested that the use of a rubber wheel instead eliminates this problem, leading to the adoption of the RWAT which was standardized in ASTM G65 (2004).Radziszewski (2002), however, found that the use of the Steel Wheel Abrasion Test (SWAT) was more applicable for wear testing in the mining industry for two critical reasons. Firstly, the major cause of wear in a ball mill, the most frequently used comminution device, is ball-ore-ball contact and also ball-ore-liner which both are metal-ore-metal contact. Therefore, using the steel wheel has the advantage of providing a similar abrasive environment to the one that takes place in a real ball mill. Secondly, the SWAT creates the potential of running experiments at much higher force regimes that are closer to what happens in actual mills, unlike the RWAT which is a low stress test."

Jan 1, 2011

By A. Ignatieff

"Demonstrations of Automatic Coal Burning EquipmentAT THE 1951 and 1952 Annual Coal Research Conferences sponsored by the Dominion Coal Board and attended by delegates from the Dominion and Provincial governments as well as industry, the importance ,of encouraging the co-operative interest of Canadian coal and equipment industries in •promoting the use of equipment types best suited to burn given Canadian coals was emphasized. It. was suggested that this idea •be enlarged upon at forthcoming C.I.M. meetings that would be .attended largely by coal mining engineers.With this in view, a Domestic Heating Forum (1) was featured in the Coal Division programme at the 1951 Annual Western Meeting of the Institute in Calgary, and a much more ambitious programme, highlighted by live demonstrations, was •staged at the combined Annual Western Meeting and Fourth Meeting of District 4 held in Winnipeg in October 1952.With the excellent co-operation of a number of equipment manufacturers and coal companies, and with facilities kindly provided •by the University •of Manitoba authorities, burning demonstrations were• arranged in the Agricultural Engineering Building, on October l 7th. These demonstrations were a fitting sequel to the Coal Division sessions held in the Royal Alexandra Hotel on October 16th, at which the combustion of coal was specially featured in a series of papers by prominent Canadian and United States specialists.The primary purpose of the demonstrations was to •show that all coal, regardless •of rank, can be satisfactorily used provided that proper application is made with equipment suited to its purpose."

Jan 1, 1953

By J. E. Ryan

General Description Due to the extreme cold weather experienced in Flin Flon during the winter months, thought and precaution were necessary in the design of the plant buildings. The machine shop, carpenter shop, drill shop, and coal plant buildings are similar in the building materials used in their construction. They are sided with two-inch shiplap, insulated with celotex and asbestos paper, and covered with corrugated iron on all side-walls. Roofing consists of 2 by 4 lumber on edge, laminated, and further covered by celotex and three-ply roofing. These buildings are heated by means of unit heaters. The heaters are primarily steam-heated radiators, through which the air of the buildings is circulated by electrically-driven fans. Our machine shop is located to the east of, but central to, the main operating buildings of the mine and plant, and is so connected by a net work of tracks as to be able to serve all portions of the entire plant conveniently. The building is divided into two bays, the main bay 53 ft. by 340 ft., and the east bay 24 ft. by 340 ft. The shop office and drafting room, a two-story annex 24 ft. by 30 ft., is located on the west side of the shop. The arrangement within the shop is such as to house conveniently the several departments, namely, heavy machine tool section, repair floor section, boiler shop heavy tool and floor section, blacksmith heavy tool and forge section, tool room, electric welding rooms, stock room, tin and copper shop, and electrical parts and armature winding and repair shop (see Figure 1). All the heavy tools, the repair floor section, and railway tracks are so located in the large open bay as to be fully serviced by an electrically operated 15-ton bridge crane, with a span of 50 feet and a travel the full length of the shop. A standard-gauge railway track, branched off the main line, penetrates the full depth of the building. This track lies along the extreme east side of the main bay, allowing easy entrance and movement of rolling stock and heavy machinery, loaded on standard flat-cars, to the repair floors in the main bay. Eight jib cranes, affixed to building columns, further facilitate the heavy repair work throughout the various shop divisions. Our light and heavy machine tools are standard equipment, not unlike tools used in mine, mill, and railway shops.

Jan 1, 1935

By K. Lundholm, A. E. Mäkinen

"Ore grades are declining and getting more complex around the world which not only complicate the ore processing but also produce new type of requirements to manage the produce waste streams. One specifically problematic and increasingly identified element in waste streams produced in mining and metallurgy is arsenic.Arsenic is a compound that has no significant market value, but that needs to be removed from ores, concentrates and other process streams because of environmental or process technical reasons. One example of a removal process is partial roasting of high-As sulfide concentrates, originally developed by Outotec. In this process the arsenic is volatilized in the gas phase and thus separated from the solid material, i.e. the calcine. If the arsenic is recovered by wet methods the process gas is quenched and all arsenic needs to be stabilized in the effluent treatment plant.Outotec has developed ferric arsenate precipitation as a method to produce stabile arsenic residues from wet gas cleaning effluents. Iron based precipitates, when correctly produced, can meet typical landfill criteria measured with different types of leaching methods meant for characterizing the arsenic dissolution behavior from the precipitates.In this paper partial roasting of sulfide concentrates with arsenic volatilization in combination with ferric arsenate precipitation is discussed from the perspective of producing wastes that can meet the stability requirements set by common leaching tests methods, TCLP and CEN. These leaching test methods set the normative landfill requirements for most operations generating arsenic containing wastes. A typical flow sheet of Outotec® Ferric arsenate process is discussed with results showing the importance of correct process control and sequence on producing arsenic containing waste that can meet the landfill disposal requirements."

Jan 1, 2014

By Stefan Wallner, Andreas Filzwieser, Stefan Konetschnik, Reinhard Preiss, Iris Filzwieser

"Process Safety Management for METTOP means avoiding risks as far as possible - but also dealing with the residual risk by using all existing management tools or external assistance, if required. The presented paper has two parts. The first one introduces a new and very safe cooling technology for metallurgical furnaces. The second part shows how to deal with the residual risk as well as minimize it by using the tapping area of an electric arc furnace as an example.Today more and more intense furnace operations require effective cooling in order to achieve low refractory wear and good furnace lifetime, making cooling technology an important aspect of furnace operation. However, the use of water - today’s standard cooling medium - has some disadvantages, as it can cause problems both during furnace start up and operation, namely hydration problems, corrosion, and explosion.To overcome the disadvantages of water, a new cooling technology using an alternative cooling medium, namely ISIS B (a special kind of ionic liquid) was developed. The main advantage of ISIS B is the fact that no explosion occurs when this liquid comes in contact with molten metal. The working temperature range of ISIS B of 50 to 200 °C results in other advantages as there are no corrosion problems and no risks of hydration.The fact that no explosion occurs when ISIS B contacts molten metal leads to a revolutionary solution for the metallurgical industry in terms of safety. Especially in critical areas - like tap-holes - new safety standards can be achieved.Together with the TÜV Austrian Holding AG a risk analysis was done for a water cooled tap-hole as well as for a tap-hole cooled with ionic liquids. It is shown that using the new technology the risk can be decreased dramatically and the importance of a best available technology is described."

Jan 1, 2014

By G. Lyle

Since its inception CEMI (Centre for Excellence in Mining Innovation) has focused on facilitating innovative solutions to the mining industry in six strategic research areas; GeoRisk, ConstructMine, ValueMine, FindMine, SustainMine and MineTech (visit www.miningexcellence.ca for details). This paper focuses on CEMI?s largest project to date, Ventilation on Demand (VOD). Energy consumption in mines can account for upwards of 40% of a mines operating cost, with a significant portion of this been consumed by the ventilation requirements. VOD provides a significant opportunity to reduce overall mine ventilation requirements and subsequently energy costs, while potentially increasing mine productivity. CEMI is currently in year 2 of an assessment of VOD, focusing on the financial, physical and equipment viability of utilizing such systems in both new and existing mines. This two year program, to be completed by March 31, 2011, is designed to systematically assess such a system to determine if and when it could effectively be applied in underground mines. The paper will describe the process by which the project was initiated, the demonstration projects established to capture data, the means to interpret the data and the modelling developed to calibrate and predict ventilation system requirements.

Oct 1, 2010

A mathematical model of a decision is represented by the table in Figure 4. The numbers in the matrix are a measure of the effectiveness of each alternate for an objective. In this case, it is the per cent of desired profit that is satisfied by each alternate for each objective. By adding all of the values in a row, we have a measure of which alternative is best for both objectives. However, if you think that alternate 1 is necessarily better than alternate 2, you are wrong. Why? Because the weight of the objectives may not be equal. It could just be that this plant can sell more than it can produce, so that the loss in profit represented by increased sales is more than twice as important as reductions in costs. (See Figure 5). In that case, let us weigh objective 1 as 30 per cent and objective 2 as 70 per cent. It must also be obvious that the sum of all the "objective weights" must equal 100 per cent. Now, by evaluating our alternates according to their weights. we find that alternate 2 is better than alternate

Jan 1, 1964

By Ian Thomson

The Social License to Operate ? We are operating in an era where social license in the resource industry is as important ? if not more important ? than mineral potential ? Concept proposed by Placer Dome executive Jim Cooney in 1997 as essential requirement for the future survival of the mining industry ? ?You don?t get your social license by going to a government ministry and making an application or simply paying a fee? It requires far more than money to truly become part of the communities in which you operate.? Pierre Lassonde, President of Newmont Mining Corporation (2003). What it is ?Granted by the local community ? Intangible, informal, non-permanent ? Has to be earned and then maintained ? Defined as ? Ongoing Acceptance (a lower level) ? Ongoing Approval (a higher level) ? Expression of the quality of the ?relationship?

Aug 1, 2013

By K. V. Phani Prabhakar, G. Padmanabham1, L. Subashini

Laser-arc Hybrid Welding (LAHW) is a relatively recent concept which effectively combines the advantages of laser welding such as the high depth of penetration, low heat input, high welding speed and the positive aspects of arc welding such as better edge bridging and possibility to add filler. For example, steel sections upto 12 mm thickness have been successfully welded in a single pass at a welding speed of 1 m/minute using a 3.5 kW CO2 laser in combination with a MIG arc. Maraging steel of grade M250 is widely used in the aerospace industry in thicknesses upto 10 mm. Conventionally, it is possible to MIG weld such thicknesses in 3-5 passes employing V-Groove joint preparation. However, this multi-pass welding results in formation of reverted austenite in the weld zone after post weld aging; and the high heat input widens the reverted austenite containing heat affected zone which is popularly known as the dark zone/eyebrow zone. Both these zones are detrimental to strength of the welded joint, specifically the fracture toughness. The width of the dark band is an important factor because, thinner the band, it is supported more effectively by the surrounding material. Therefore, in order to avoid multi-pass welding and reduce the overall heat input, single-pass laser-MIG hybrid welding was attempted on 10 mm thick maraging steel M 250 plates using a hybrid laser arc welding system comprising a 3.5 kW CO2 slab laser and a MIG welding system. Simultaneously, multi-pass MIG welds also are produced. Both the laser-MIG hybrid and MIG welds are characterized microstructurally and subjected to mechanical tests such as tensile and fracture toughness in as-welded and post weld aged condition. The amount and distribution of reverted austenite in the fusion zone and width of the dark band was found to be different. Hybrid welds showed a narrow dark band zone and improved mechanical properties. Laser-hybrid and MIG welding investigations carried out on thick section maraging steel M 250 will be presented in detail, including microstructure, tensile properties and fracture toughness of the welds. To the best of the knowledge of the authors there are no reports on laser-MIG hybrid welding of maraging steels.

Jan 1, 2014

By Norman O. Lotter, Dominic Fragomeni, Jorge Oliveira, Dee J. Bradshaw, Rebecca Monnapula

"The role of mixed collectors in enhancing the metallurgical performance of sulphide flotation processes was reviewed in 2008, and later published as an integrated theory by Lotter and Bradshaw, 2009. The theory proposed that xanthates, dithiophosphates and dithiocarbamates could be synergistically combined in an optimal formula to deliver improved grade and recovery. The approach uses a five-step structure, viz.1. A mineralogical study of the ore to be treated, identifying and quantifying the economic minerals (with hosting and association) and gangue species present.2. Selection of candidate collectors from this mineralogical information and from the known pulp conditions of that operation (e.g. Eh, pH).3. Design and execution of a factorial experiment to estimate and test the main effects and interactions, and to model the response surface for an optimum formulation [Box et al., 1978].4. Use of a High-Confidence Flotation Test platform in the factorial to reduce overall errors and allow for clearer observations [Lotter, 1995; Lotter and Fragomeni, 2010].5. Statistical design of a plant scale trial to measure and validate the gains [Napier-Munn, 1995; Lotter et al., 2009]. Eland Platinum, which was commissioned in November 2007, appointed a team to apply this theory to formulate an optimized mixed collector suite for use in the operation. The West Pit ore (UG2 - Normal ore) was sampled at site and brought to Xstrata Process Support, Sudbury, Canada, for mineralogical and metallurgical testing in 2008. Microprobe and QEMSCAN measurement characterized the type, grain size and textural association of the discrete Platinum Group Minerals (PGM) present. From the mineralogical data, it was clear that a mixture of dithiocarbamate and two xanthates would be a likely reagent suite selection. A factorially designed set of High-Confidence Flotation Tests studying these was performed, concluding that an optimal suite using certain amounts of these collectors was a viable formulation that would advance the grade and recovery performance at Eland above the standard PIBX by approximately 2.13% 4E PGE. The plant trial, which used a form of the replicated block design after Napier-Munn, 1995, and Lotter et al., 2009, exceeded this estimate with an overall PGE recovery gain of 2.48% (absolute basis) and a concentrate grade gain of 26.4 g/t PGE (absolute basis), as well as reducing chrome in concentrate from 2.04 to 1.62% (absolute basis). These gains proved to be statistically significant using the analysis of variance method, and have validated the theory."

Jan 1, 2011

By Frédéric Flament, Luc Lachance

"The important task of metallurgical accounting that used to be done manually is being more and more automated. Currently available solutions can generate accounting reports without human intervention or almost. However, the practical conditions for fully delivering the promised benefits of those solutions are sometimes overlooked either by end-users or by integrators. The mere fact of filling reports with values satisfying several constraints such as mass conservation constraints does not, by itself, ensure a high quality metallurgical balance. Since managers make decisions based on these reports, it is logical that the metallurgical balance performance be monitored and retrofits be made if necessary. Such retrofits may involve modifications to the measurement strategy or the reduction of the spatial resolution of the material balance model. This requires an estimability and redundancy analysis (ERA) tool to assess the feasibility of the modified model. Since determining by hand the estimability and redundancy of a set of non measured and measured variables is not trivial, even for a medium-sized mineral processing plant, a dedicated ERA tool brings valuable assistance to the metallurgist in charge. The present paper aims first at explaining how a state of the art metallurgical balance is a key enabler for the adoption of a smart process plants paradigm (SPPP) in mineral processing. Then, the fundamentals behind the building of an ERA algorithm are introduced and illustrated by two examples. Finally, the role of an ERA tool in achieving state of the art metallurgical accounting and how it contributes to delivering additional value are discussed.INTRODUCTIONThe Smart Process Plants Paradigm (SPPP)Mineral processors have seen an increase lately in external pressures toward operating performance improvements. Indeed, the globalization of the mining business is a key driver to becoming more productive, more responsive to market changes, to improving corporate governance and reporting standards. Furthermore, mineral processors are also expected by their neighbouring communities to continuously improve their sustainability score. These current pressures differ somewhat from the past ones in leading to a larger than ever number of conflicting constraints that plant managers must concurrently satisfy while maximizing plant profitability. It is in turn not surprising that this context requires actions involving more real-time collaborative actions between more people in more places than ever before."

Jan 1, 2011

By Derek Ettie

"In the Hydrometallurgical processes, the presence of the so-called "crud" is a constant challenge in solvent extraction. Crud is a stable emulsion which forms along the interface between the aqueous and organic phase. The spread is influenced by the following parameters: first, wind blows the dust and impurities into the open sedimentation tanks. Second, the undissolved solids such as sand transported in the PLS causing problems in conjunction with incorrect agitator design.The crud fraction can decisively impact the efficiency of the hydrometallurgical extraction because the phase interface can constitute a large fraction and the sedimentation tanks cannot react flexibly to it. In the downstream process of the series-connected sedimentation tanks, they are thus all contaminated with crud. At the same time, the necessary mass transport is significantly impeded at the phase boundary between organic phase and aqueous phase due to the crud formation.The transfer of the organic phase into the electrolysis cell can result in a "burnout" of the cathode. The carryover of this electrolyte into the extraction can cause problems with the pH regulation. The carry-over of the organic components into the raffinate also leads to contamination of the leaching circuit. The continuous treatment of the crud with a 3-phase decanter centrifuge is extremely effective in combating this problem. This technology splits all three phases from each other and they are consequently continuously separated. All subsequent process steps exhibit a stable, uniform effectiveness. The main advantage for the customer is that fluctuations in the process are eliminated and the organic phase can be recirculated back to the extraction. The recycling of the solvent alone justifies the investment in less than 6 months as examples from South Africa and Chile show.To operate solvent recovery in daily operation fully automated online at the optimum limit, the decanter centrifuge is equipped with a concentration-dependent pond adjustment called DControl® by this means, we can guarantee our customers the maximum possible solvent recovery and minimize the solvent costs in this process step. This system is presented in detail in this paper."

Jan 1, 2014

By B. Dubé, R. Friedman, J. Oliver, R. Aubertin, M. Burson, G. Panneton, M. Hamilton, J. Ayer

"The Detour Lake gold deposit is located within the northwestern limit of the Archean Abitibi Subprovince of the Superior Province. Mineralized zones are hosted by a sequence of pillowed and massive flows, hyaloclastite units, and altered ultramafic rocks, and are commonly oriented parallel to a series of high-strain zones that are co-planar to the regional-scale Sunday Lake Deformation Zone. Early in its kinematic history, the Sunday Lake Deformation Zone placed older (2.72 Ga) volcanic rocks of the Detour Lake Formation over younger (2.70 Ga) sedimentary rocks of the Caopatina assemblage. Gold mineralization is also parallel to the position of a laterally persistent siliceous rock unit, the 2.725 Ga ‘Chert Marker Horizon.’ The Chert Marker Horizon coincides with the boundary between the mafic-dominated upper Detour Lake Formation and the ultramafic-dominated lower Detour Lake Formation. Stratigraphic and geochronological data suggest that the Chert Marker Horizon is a deformed felsic volcaniclastic unit. At a cut-off of 0.6 g/t Au, the Detour Lake deposit contains 17.26 million ounces of Au within 445.9 million tonnes of rock grading 1.20 g/t Au. Gold occurs in shear-hosted and extensional vein arrays within rocks of the upper and lower Detour Lake Formation and within the Chert Marker Horizon. The Detour Lake deposit has many of the characteristics of a greenstone-hosted, quartz-carbonate vein deposit; its very large size may be attributed to large-scale rheological controls resulting in the formation of dilatant sites in permissive rock units."

Jan 1, 2012

By H. Cay, J. Zachwieja, T. Esplin, R. Ravenelle, T. Olsen-Tank

Barrick Goldstrike mine utilizes a carbon-in-leach (CIL) circuit to simultaneously leach gold into solution with cyanide and adsorb the gold-cyanide complex onto activated carbon for further refinement. If the gold bearing ore contains a significant amount of native carbonaceous material, gold cyanide can be adsorbed at these sites instead of onto the desired activated carbon and the gold is effectively lost to tailings in a detrimental process known as "preg-robbing." The preg-rob effect is considerably reduced by treating the ore with a surfactant, which is hypothesized to adsorb to and passivate the native carbon surfaces. Past laboratory and pilot studies have consistently demonstrated significant gains in gold recovery after treating carbonaceous ore with surfactant. With success in bench and pilot scale testing, a plant trial was conducted at Barrick Goldstrike to evaluate the feasibility of using an alkoxylated fatty amine surfactant (Ethomeen T/12) to aid in the leaching of high preg-robbing ores. This paper analyzes the performance of the surfactant during the plant trial in addition to the problems that occurred during the trial period. Suggestions for improvement are also discussed.

Jan 1, 2014

By K. Delbeke

Within the framework of the EU Existing Substance (93/793/EEC) and REACH regulations EC/1907/2006), the copper industry initiated in 2000 a comprehensive Voluntary Risk Assessment of copper and several copper compounds. The Italian Government&apos;s Istituto Superiore di Sanità, reviewed the process and reports on behalf of the European Commission. Copper exposure levels to man and the environment from production of copper anodes and cathodes, copper powders and copper chemicals as well as fabrication and use of semi-fabrication products and down stream user products were collected across Europe. Environmental and human health effects data were obtained from literature as well as novel research programs and used to deduct safe threshold

Jan 1, 2007

By K Belanger, J. Mclachlan, F. Stober, G. Norval, B. Snider, A. Munsch, T. Koehler, E. Piantino, J. Carlos Queiroz

The project to rebuild the smelting furnaces at the Anglo American - Barro Alto ferronickel smelter, located in Goias, Brasil, was initiated in September 2013. To optimize the capital cost, while maximizing furnace integrity and robustness, a design basis giving flexibility to ore composition variation was developed in order to ensure sustained nameplate production. The resulting capital efficient, fasttracked project execution was accomplished through the creation of an integrated project team of Anglo American and Hatch through FEL 3 and FEL 4 phases of the project. The integrated team addressed the project challenges through a cooperative and versatile approach, created by access to knowledge, experience and systems in both Anglo American and Hatch. The team could operate at an optimized speed of execution, as demonstrated in the FEL 3 and FEL 4 completion durations, as well as efficiently mitigating any risks of increasing cost or delaying schedule by utilizing lessons learned and team knowledge from Anglo American on the original green-field project and Platinum smelters and Hatch on similar reference ferronickel furnace rebuilds. Other critical drivers of project cost minimization and revenue loss/generation (considering production revenue of each furnace) are scheduled durations for construction, commissioning and ramp-up. The integrated team commenced construction, commission and ramp-up planning almost one year in advance of the shutdown and this paper will discuss the strategies developed to reduce risks and optimize the construction schedule to mitigate revenue loss and optimize ramp-up time to sustained operation at nameplate capacity.

Jan 1, 2015

By Eric Low

Raising capital by issuing debt or equity is necessary in almost every corporation. In the field of corporate finance, the raising of capital is a heavily-studied topic. However, some of what is studied on this topic in corporate finance is not applicable in the mining industry. There are also many financing options that were created for the mining industry such as flow-through shares, prepaid forwards, and royalty sales. The cyclical nature of the industry makes the risk-return profile of financings more difficult to estimate than in other industries. Additionally, the methods used to assess firm value are different than other industries, as the values of orebodies are not included on balance sheets. For precious metals companies, which are a hedge against most other securities, there are additional complications with determining investor expectations and cost of equity. This thesis puts forth a decision-making framework to explain mine financing choices from the perspective of mining companies. The approach is threefold. First, all of the major equity and debt financing instruments available to mining companies are presented and analyzed. Each financing method is assessed on a wide range of criteria. Next, these concepts are applied in case studies of four companies: BHP Billiton, Barrick Gold, Teck Resources, and Noront Resources. For each company, the overall choice of financing methods is shown and analyzed. The effect of financing choices on the weighted average cost of capital (WACC) is calculated. The final section deals with case studies of individual mine finance decisions during the past two years.

May 1, 2011

By Paul Miranda, Corby Anderson

"The Center for Advanced Mineral and Metallurgical Processing (CAMP) has recently obtained a Mineral Liberation Analyzer (MLA). CAMP has utilized the technology for several projects with excellent results. The MLA is able to both analyze size and quantify mineral phases. Therefore, the MLA is becoming the Sherlock Holmes of the mining and metallurgical industry. For this presentation, four projects have been evaluated and data was collected using the MLA. The first project involved tungsten mine. Previous mining practices have yielded poor tungsten results and recoveries. By using the MLA, tungsten mineral phases, along with possible contaminants, were verified and the results used to try to increase overall tungsten recoveries. The second project evaluated a molybdenite/chalcopyrite concentrate with surprising results. The third project is a silver project. Initial flotation scoping tests were performed by attempting to separate silver from gangue material. Because of the poor recovery results (less than 5%), MLA was used to determine possible scenarios for increasing silver recovery. Finally, the last project involves gold evaluation in tailings. For all projects, MLA application results will be presentedand discussed.INTRODUCTIONThe Center for Advanced Mineral and Metallurgical Processing (CAMP) has recently received a software add-on to a scanning electron microscope (SEM) located at Montana Tech. The Mineral Liberation Analyzer (MLA) technology was developed by Dr. Ying Gu of the JKTech Center of the University of Queensland. Since August 2006, CAMP has received and processed over 50 samples. These samples include a total mineralogy of tungsten ore samples, gold tailings, lead zinc tailings pile, molybdenite concentrates, copper concentrates, as well as others. During analysis of these received samples, the technology allows the samples to be quantified mineralogically with some surprising results.For analysis, the samples were initially sieved between 170 to 200 screen sized mesh. This ensures that received samples mineral size is fairly uniform. The samples are then placed into epoxy and allowed to harden. Next, the samples are polished and carbon coated for MLA analysis."

Jan 1, 2007