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By Shailesh K. Patel, Shaaban Ben-Poorat

In order to ascertain the environmental fate of flotation reagents (fatty acids, fuel oils, and amines) associated with phosphate rock processing with confidence, it was necessary to first establish laboratory methodologies to identify and quantify flotation reagents. This approach was necessitated by the fact that the reagents used in the flotation process are either reclaimed or by-products of other industries and is dictated by their cost. Initially, several blind performance evaluation samples were prepared by spiking water samples with known amounts of either single reagents or reagent mixes and then analyzed. Reagent recovery for the blind performance evaluation samples was within acceptable limits for similar compounds established by the US Environmental Protection Agency. Averification process involving the use of standards and the refinement of analytical methods was utilized to develop standard operat- ing procedures (SOPS) and method detection limits (MDLs) specific to the identification and quantification of the flotation reagents used in the phosphate industry. These procedures and MDLs were critical to support the project's primary goal of assessing the fate of selected flotation reagents in the environment.

Jan 1, 1999

By Berthold Pilz

The importance of a power economy that is efficient both in technological and economic terms has been clearly recognized in recent years. In 1977 the German Federal Government therefore introduced its Energy Research and Energy Technologies Program 1977-1980, which consolidates the government activities in the field of nuclear and non-nuclear energy research. The priority objectives of this program can be summarized as follows: safeguarding the medium- to long-term energy supply in the Federal Republic of Germany at reasonable overall macroeconomic cost, taking into account the requirements of environmental protection and the safety of the population. In the field of coal mining technologies, about 200 research projects are currently under way. A total of DM 1.7 billion is earmarked for research to be conducted in this area between 1977 and 1980.

Jan 1, 1979

By William H. Pomroy, Annie M. Carigiet

This U.S. Bureau of Mines report is an analysis of underground coal mine fire incidents occurring in the United States during the 15 years from 1978 through 1992. The fire data used in this analysis were obtained from Federal Mine Safety and Health Administration (MSHA) mine fire investigation reports. Fires were analyzed by year, state, coal bed thickness, mining method, evacuation measures taken, ignition source, burning substance, location, equipment involved, detection method, time of day, number of injuries and fatalities, and method of extinguishment. In all, 164 fires are reported, or an average of 10.8fires per year. The most common ignition source was electricity, the most common burning substance was coal, the most frequent fire location was the belt entry, belt conveyors were the most common equipment involved in fires, and water was the most common extinguishing agent.

Jan 1, 1995

By Alan R. Grant

Interpretation of presently available geological information indicates that most of the periods of significant metal deposition in the Washington Cascades Range are, at least in part, genetically related to late Cretaceous -Tertiary intrusive episodes. Chemically, the most favorable environment for base metal deposition is high in potassium. Characterizing the advanced stages of these chemical alteration conditions are the silicate mineral assemblages orthoclase and/or secondary biotite. Wall rock alteration includes both deuteric and hydrothermal processes, the intensity of which primarily depends upon the degree of fracturing in the country rock prior to the introduction of secondary material. Broadly speaking, the primary physical controls for the distribution and concentration of sulfides appear to be a series of structural couples involving both northwest (paralleling regional trends) and northeast--striking systems. Meaningful base metal exploration in the Washington Cascades demands a basic understanding of the various geologic factors related to the distribution of the sulfide deposits. Any geologist contemplating Cascade work should be well grounded in the fundamental concepts of petrology and structure.as these constitute two of his most beneficial aids. The acquisition of the detailed data necessary for this understanding may seem a bit academic, yet it has been demonstrated in numerous instances that a fair economic appraisal of a particular property or mining district depends primarily upon the ability of the geologist to recognize the subtle environmental differences which could lead to the discovery of a major ore deposit.

Jan 1, 1971

By J. Pflieger

The International Iron and Steel Institute (IISI - http://www.worldsteel.org) has initiated the development of a comprehensive freely-available, internet-delivered package of highly interactive e-learning resources for undergraduate students and steel industry employees. The resulting e-learning environment (http://www.steeluniversity.org) creates a ?one-stop? shop covering all aspects of steelmaking, steel products and applications, the underlying scientific and engineering principles, industrial and academic collaboration, as well as environmental and sustainability issues relevant to the steel industry. The module entitled ?Sustainability, Steel and the Environment? of the steeluniversity.org provides interactive e-learning resources on the following topics - Sustainability. - Principles of Life Cycle Thinking. - Environmental Life Cycle Assessment. - Application of Life Cycle Assessment. The aim of this particular module is to enable the learner to identify relevant environmental parameters over the life cycle of steel products as well as to learn about the resulting environmental effects and impacts. Furthermore he/she will be enabled to explain the basic idea of Life Cycle Thinking and Life Cycle Assessment (LCA) in terms of Goal and Scope definition, System Modelling, Life Cycle Inventory (LCI), Life Cycle Impact Assessment (LCIA) and Interpretation. In addition, the learner can explore selected LCA scenarios facing the steel industry and its customers in the automotive and construction sectors.

Jan 1, 2007

By K. P. Unrug, E. Thompson, S. Nandy

The method of coal pillar design involves primarily two aspects: the geometry of the pillar and the strength of the coal. However, the strength of the coal has to be emphasized with respect to the entire pillar dimension rather than isolated strength values of coal samples taken and measured from different locations. As of now, the presently applied pillar design systems do not specify clearly what the coal sample strength really represents. The intention of this paper is to introduce the concept of seam strength as opposed to the current practice of using coal strength as a prime design criteria in the formulation of pillar calculations. Seams are most often composed of multiple layers of coal, partings, and bone in various configurations, changing within the vertical section of the seam even in relatively close locations. The difference in strength between the weakest and strongest component of the coal seam could be as much as five times or more. An experimental approach based on multiple uniaxial compressive strength tests performed on coal samples from the Coalburg and Warfield seams from eastern Kentucky was undertaken. Analysis of the results led to the conclusion that for pillar dimension calculations, both the weighted mean of the seam strength and the strength of the weakest stratum should be considered, rather than the relatively vague aspect of coal strength. The design of pillar dimensions based on the aforemen¬tioned criteria should assure a more realistic design performance.

Jan 1, 1987

By Alena Conrads, Markus König, Markus Scheffer, Markus Thewes, Hannah Mattern

"INTRODUCTION In recent years, the development of tunnel boring machines has revolutionized the tunneling industry. The general structure of a tunnel boring machine (TBM) can be described as a multi-component system. To achieve high performance rates, machine elements have to perform reliably. Performance losses and interruptions of the construction process should be prevented or at least, reduced to a minimum. In order to achieve high advancing rates, cutting tools must be in good condition at any time. Furthermore, failure of individual tools might result in increased and faster wear of remaining structural components. For this reason, maintaining and replacing cutting tools is crucial to prevent project delays due to insufficient boring performance. Precise prognoses concerning the prevailing geology are infeasible and thus, efficient scheduling of maintenance actions is challenging. The intention of this work is to analyze different approaches of TBM maintenance in soft ground. Different strategies are analyzed by the use of a simulation approach. Cutting tool condition is regarded as performance limiting factor. The maximum operation time of the cutting tools is determined using the “Soil Abrasivity Index”. A case study serves to show the effects of different maintenance strategies on total project duration. SCHEDULING OF MAINTENANCE ACTIONS Scheduling maintenance actions of single and multi-component systems concerns numerous fields of industrial production. Concentrating on mechanized tunneling in soft ground, cutting tool maintenance represents the most common reason for intermission of advance (Köppl 2014). In literature, time-based and condition-based maintaining techniques are widely discussed. The following section outlines the principles of time- and condition-based policies. Furthermore, examples for their applications in recent research are given. Time-Based Maintenance In general, the time-based maintenance approach assumes that the failure behavior of the system components is predictable. Maintenance actions are scheduled according to predefined intervals (e.g., hours, days, weeks). A detailed analysis of preventive repair times or interval forms the basis for maintenance decisions. For this approach, an adequate quantity and quality of data is fundamental. Numerous studies deal with the analysis of time-based maintenance for production equipment. In fields of mechanized tunneling, unplanned machine downtimes restrict the applicability of time-based maintenance approaches. Thus, this paper mainly focuses on condition-based maintenance."

Jan 1, 2016

By D. W. Fohlen, B. A. Filas

The International Finance Corporation (IFC), the private investment arm of the World Bank Group (WBG), requires all IFC-financed projects to comply with its environmental and social policies and guidelines. IFC's review process involves an environmental and social assessment and the implementation of an Environmental Action Plan (EAP) that will set forth the necessary actions to bring the operation into compliance. This paper provides an overview of the environmental and social policies and guidelines that apply to mining projects and examines how WBG/IFC policies and guidelines are applied to mining projects in developing countries. In addition, it includes a review of the increased emphasis IFC is giving to social issues over the past several years based on the existing WBG policies. IFC’s process for the environmental and social review of proposed investments is briefly discussed. The paper focuses on how IFC emphasis has shifted from the traditional environmental and impact mitigation analyses of a few years ago to the integrated social and environmental awareness, action (EAP), and implementation programs (social plans) required today. Today, IFC's focus is to promote sustainable development by investing in projects that directly benefit local communities and the environment. Examples of these changes will be highlighted by a review of recent investments located in West Africa. The goalposts have not moved, but the rules of the game have become tougher.

Jan 1, 2001

By James N. Grassby

Metal production has traditionally been a cyclical industry. 1977 in the base metals industry has highlighted that fact with a steady decline in the market place for base metals. Corporate aggregate planning is based on good forecasting and when changing conditions make that forecasting inaccurate, alternate analysis of schedules must be accomplished quickly. The computer is the only medium powerful enough to answer management's questions within an acceptable time frame. Worldwide communications networks now make it possible for the many multinational mining companies to arrive at coordinated corporate production plans based on similar basic data from several producing divisions. The Ontario Div. of Inco Metals Co., a unit of Inco Ltd., encompassed during 1977 14 producing mines, 2 nonproducing mines, 1 nonproducing open pit, 5 flotation mills, I smelter, 2 nickel refineries, 1 copper refinery, and an iron ore recovery plant. Several new mines are under development. Mine production approximates 63 500 tpd (70,000 stpd) from some 1000 workplaces. The need for longrange mine planning and scheduling is obvious and until recently has been satisfied by manual methods. However, while manual methods are often quite practical for a small number of mines, or for mines with relatively short lives, or for mines with only one mining method, the situation in the Ontario Div. is too complex and long-term to allow effective, timely planning by such methods. In 1967, a year after the first computer was installed in the division, work was begun on the computerization of the more than 30,000 borehole logs kept in the mines exploration files with a view to speeding up the assessment of mineral resources. Also in 1967 one of the first substantial systems developed on the main business systems computer was the monthly scheduling of development and production for all mines. This system encompassed tons productions per workplace, feet development per workplace, auxiliary and service activities and the requisite labor for each of these. These two dates are mentioned to show that concurrently with the acquisition of computers in the division there was an early understanding of the importance of automating mine scheduling and planning and of the potential for effective and useful computerization of such activities. In 1970, a pilot program was developed in one of the mines containing a large number of workplaces (350) to schedule the production on a network basis. Varying degrees of interest were shown by the individual mine engineers based on the complexity of the production planning problem at each mine. In an evolutionary process, mines were added to the system as its value became obvious in terms of time saving, flexibility, and accuracy. In 1975, the central mine engineering department decided that the system should be extended to all mines so that a complete division-wide long-range scheduling system would be available upon which to base development and production planning. This system would use basic ore data, allow the addition of scheduling commands, and calculate a schedule for the life of the mine. Many reports could be produced for each mine and all-mine summaries would also be available. The significance of the system can be stated in one phrase-speed, accuracy, and flexibility. Whereas in the past a long-range all mines schedule might have been done once a year, taking from two to three months, now it can be done in a day. The chief mines engineer can incorporate changes in input data and external constraints and call for a "new look" at the long-range schedule to assist him and mines production management in their decision-making processes. Using previous manual methods this could not be done quickly enough to be useful.

Jan 1, 1979

By J. W. Wilson, Y. P. Wang, M. H. Erten

The use of water is still the most effective and economical means for dust control in underground coal mines today along with dilution by the ventilation current. Studies have shown that the dust capturing capacity of water is a result of a balance of many intermolecular forces. Surfactants are known to reduce such forces by affecting both the surface tension of the liquid and its interfacial tension against a solid. Surfactants can be added to the water sprays to facilitate the dust capturing capacity. A laboratory scale model has been developed in which surfactants were added to the spraying water and preliminary data indicates positive results.

Jan 1, 1991

By H. Yoon

Several processes involving injection of sorbent and humidification water downstream of the air preheater in a coal-fired boiler unit, are being developed as low capital cost retrofit S02 control options. Extensive laboratory work, pilot plant programs and larger scale programs have developed performance data and design information. Many of these programs were supported by the U. S. Department of Energy (DOE) as "proofs-of-concept" of three different processes proposed by Dravo, Bechtel and General Electric. Based on these project results, DOE formulated a comprehensive in-duct sorbent injection development program to fully commercialize the technology by 1992. Also, EPRI will conduct a 4 MWe pilot program to develop its HYPAS process. The Consol Coolside process is scheduled for utility demonstration in 1989 on a 104 MWe unit at the Ohio Edison Edgewater Station under partial sponsorship of the DOE Clean Coal Technology Program.

Jan 1, 1989

By C. Timothy Shaw

Traditionally, only the large mining companies have maintained specialist departments in such areas as Rock Mechanics, Ventilation and Safety. To the small companies this has been a luxury that they could ill afford. Any work required by such companies in these areas, more complex than could be handled by the existing staff, was done by consultants. This situation is changing though and there is a need arising for many specialist departments. These changes are partly being brought about by the effects of inflation as the ever increasing costs are causing more and more operators to increase the size of their operations in search of economies of scale. In addition though the plethora of new laws and regulations are creating a need for many more specialists in all areas of mining in order to ensure compliance. The abovementioned factors, added to the existing Pattern of mines endeavoring to improve the working environment for their labor force, both for reasons of practical labor relations and also due to further legislative pressures, have thus created a climate where, in the near future, departments such as Rock Mechanics, Safety, Ventilation, Environmental Engineering and Subsidence Control will be commonplace in mining companies. It will no longer be practical to function without such services. Many mining companies already maintain such departments and this has particularly been true of the big mining groups of South Africa. From the experience gained by many of these large companies with specialist departments, it is clear that the maintenance of a cadre of experienced, competent professionals in such a department has not always been easy. It would seem from the experience gained that one can generalise and state that graduate mining engineers tend not to view specilisation as an optimum direction for their career development. It is of course true that many professionals, especially those with higher than a bachelors degree, do view these areas as valid career options, but even here experience shows that wastage is high. The time therefore seems to be ripe to take a look at this area in some detail to see whether reasons for the problems can be isolated. Working from that some suggestions can be made as to directions in which improvements might be made. If the challenge of the demands of the new regulations are to be met then such improvements must be made.

Jan 1, 1980

By Jeffrey B. Smith

Introduction The gas shortage is going to be with us for some time to come. If we can set aside political and industry rhetoric (along with subjective personal opinions), we still are confronted by two serious "facts of life": (1) for almost a decade the U.S. has been consuming natural gas at a greater rate than we have been finding new reserves; and (2) there is a finite amount of natural gas present within the earth&apos;s crust. Much of the known and easily exploitable sources of gas (the so-called "conventional" sources, such as the high permeability sand reservoirs of the Tertiary sequence along the Gulf Coast) already have been developed; their production is declining rapidly. The total producible reserves from conventional gas reservoirs amount to only 216 Tcf, less than an 11-year supply. However, several large potential resources of natural gas remain to be developed. These "unconventional sources" have low permeability and/or peculiar producing characteristics. The DOE program for development of these unconventional sources of gas is called the enhanced gas recovery (EGR) program. The primary goal of this program is to provide a data base of resource characterization and production technology that will lead to commercial development. DOE will encourage and support industry participation in developing and demonstrating technologies needed to reach this goal. Unconventional Resources Four major unconventional resources of gas have a high potential for commercial development. There are other unconventional sources (such as gas hydrates) that are too poorly defined to warrant a major development thrust at this time. The four unconventional sources of gas currently included in the EGR program are: 1. The carbonaceous shales of Devonian age in the Appalachian, Illinois, and Michigan sedimentary basins are the targets of the Eastern Gas Shales Project (EGSP). 2. The low permeability, low porosity so-called "tight" gas sandstones of the Upper Cretaceous/Lower Tertiary in the Rocky Mountain areas constitute the resource target for the Western Gas Sands Project (WGSP). 3. The free methane trapped in coal beds of both the eastern and western U. S. constitute the Methane from Coal Beds Project (MCBP). 4. The abnormally high pressured, high-temperature saltwater aquifers of the Texas-Louisiana gulf coast are targets of the Geopressured Aquifer Project (GPAP). Basic implementation strategy for these EGR projects involve (1) assessing and characterizing the resource potential of the resource; (2) conducting cost-shared field testing with industry to improve, develop, and demonstrate various stimulation and production technologies; (3) coordinating EGR activities within DOE and with other federal agencies (such as the Bureau of Mines) to minimize duplication; and (4) aiming all projects toward commercial development of the gas resources. EGSP What type of "geological animal" is the EGSP dealing with? While gas undeniably is related to the occurrence of natural fracture systems within the shale, the overall producing mechanism and precise location of fractured, gas-bearing locales within each basin is still poorly understood. By developing reliable resource characterization techniques and applying effective stimulation technologies we intend to elevate the Devonian shale from the status of a potential gas resource to that of a proven gas reserve. Once we have done this the private sector can take over the large-scale commercial development of the Devonian shale gas resource. WGSP The second largest project (both in terms of complexity and level of funding) is the WGSP. The primary targets for this project are the low permeability (< 1 md) gas sandstones of the Piceance, Uintah, and Greater Green River basins and the Northern Great Plains Province. Project success in these four primary geologic locales will permit investigating additional low permeability sandstones in 16 other sedimentary basins. It appears that the only practical means of increasing permeability and resultant flow rates from these sandstones lies in the use of massive hydraulic fracturing techniques. Unfortunately, it is still too early to design such jobs with predictable results. MCBP The MCBP is to be involved in producing and utilizing methane derived from coal beds. The coal, like portions of the Devonian shale, is impermeable, highly fractured (termed "cleat" by

Jan 9, 1980

By William Petruk

Performance assessments are carried out to monitor operations, to evaluate performance and to identify processing problems. The assessment involves collecting and analyzing representative samples from critical points in a flowsheet and interpreting the data. Sample analysis techniques include chemical analyses, mineralogical investigations, mineralogical analyses, and materials balancing. Chemical analyses provide the lowest cost assessment and should be used liberally, particularly in monitoring a process. Materials balances performed on chemical assays for a suite of samples are used as a first step in evaluating a process. Mineralogical investigations are more expensive than chemical analyses but need to be used only at the beginning of mining and metallurgical operations and as a second step in assessing processing problems. Quantitative mineralogical analyses combined with materials balancing provide the most complete performance assessment, but the procedure is expensive. On the other hand, the assessment has the potential of a large payback when carried out where warranted.

Jan 1, 1991

By C. Allen Born

There is a saying, the greater the gratitude, the shorter the speech. That puts me in a quandary, because while I am grateful for the honor you do me today, I also want to talk about a subject very important to all of us. A few months ago, when I was asked to submit a title for my talk, I chose "Quality where it counts." I did so because perhaps the most important thing we at Amax did in our restructuring was to commit to quality in all our businesses - quality people, assets, and operations. Together, they create quality performance, which produces quality growth and increased shareholder value - our prime corporate mission. We are dedicated to quality. At Amax, quality means everything. Today, I want to discuss quality in another context - the need for it in American education and what we have to do to achieve it. If we ignore this need, we will all suffer the consequences. And they will be upon us far sooner than the next century, barely a decade away. I think almost everyone in this room works for an organization that had to restructure in the 1980s. Mining companies that did not, just didn&apos;t make it. Well, we did. As an industry, we are seeing improved profits, positive cash flow, and a more competitive position in the world marketplace. But all the restructuring we have done, all the hard work, and all the pain that was part of it, will be in vain if, down the road, we do not have the educated people we need as workers. We need them to design, manufacture, and market the products that use the basic materials produced by the mining industry. Simply put, we are at a crisis point in education today. That is no new revelation. Nearly six years ago, the National Committee on Excellence in Education published its report, "A Nation At Risk." Since then, things have not gotten better. The Wall Street Journal, Business Week, US News & World Report, and Fortune have all recently published stories about the sorry state of education in the United States. The subject has become the topic of TV talk shows as well as national commissions, and for good reason. The pool of young people entering the US labor force is dwindling. In the next decade, 10 million fewer will enter the job market compared to the 1970s. But fewer of them will be qualified to do the jobs available to them. Here&apos;s why: • 20% of today&apos;s high school students drop out before they are 18 and another 20% graduate functionally illiterate; 40% of today&apos;s fourth graders think the world is flat; • 20% of today&apos;s sixth graders cannot locate the United States on a world map; • one of every three ninth graders cannot figure the change for a two-item meal - and I&apos;m talking about a Big Mac and fries. These are not just problems of minority kids in big city ghettos. Fully 40% of all young working Americans cannot add up their lunch bill. Three out of every five college freshmen need some kind of remedial work. These statistics are frightening. Particularly so because, while the work force is becoming less qualified and our public education system is getting worse, our products and technologies are becoming more complex. We are approaching a time when we will have machines that recognize handwriting but people who cannot write. We will have technology to take voice commands, but people who do not know what they are talking about. The accelerating pace of technology is changing the nature of the job market. The fastest growing jobs now, and in the years ahead, are in professional, technical, and sales positions requiring the highest education and skill levels. Most of these jobs will require the use of a computer. Yet, 95% of today&apos;s graduating high school students have never laid a finger on a computer keyboard. While our education system is failing the students it is supposed to serve, other countries are doing far better. In a

Jan 1, 1990

By Ralph M. Barnett

It is no longer a question of "If" mining operations will meet standards and regulations set by various governing bodies and the demands of citizen groups. Legislation is fact. The needs of citizens are becoming more of a integral part of mining company planning. "Open Planning", regardless of some frustrations it provides, is working. Climax, AMAX Chemical and AMAX Exploration are successfully employing several citizen involvement techniques in exploration and feasibility study phases of planning for potential new mines.

Jan 1, 1978

By S. Pignolet-Brandom, E. Fregeau-Wu, I. Iwasaki

To recycle steelmaking slags for their iron, manganese and lime contents, removal of the phosphorus-bearing dicalcium silicate and calcium phosphate is essential. Slow-cooling of slags was necessary to promote sufficient grain growth to achieve liberation. In situ grain size distribution determination showed that a high soaking temperature, a long soaking time, a very slow cooling rate and the addition of fluorspar promoted grain growth. High gradient magnetic separation on slow-cooled slags removed much of the dicalcium silicate. Liberation modeling was used to discuss the breakage and beneficiation characteristics of the slow-cooled slags.

Jan 1, 1993

By Thomas J. Neil, O&apos

Most analysts find that progress has been evolutionary in any technologic field. To be sure, a few discrete breakthroughs can usually be identified, but viewed in its entirety, the curve of technologic progress over time tends to be relatively smooth with few discontinuities. Even in those cases where a major scientific discovery is achieved, the rate of technologic progress is limited by the often surprisingly slow rate of commercializing the concept into usable products. Whereas discovery and invention tend to be discrete events, technical innovation is often a painfully slow process. In spite of overall gradual change, technologic progress in most fields, when viewed in retrospect, tends to reveal certain relatively homogeneous periods where little change is evident, separated by episodes of accelerated progress. Thus, open-pit mining over the past century has changed from predominately train haulage to truck haulage and is now experiencing a major increase in belt haulage. Ore reserve estimation is another field that fits the same pattern, and the history of mine evaluation lends itself to a similar analysis. Evaluating mine investment opportunities is a fascinating aspect of mining. The unique set of risks inherent to every mining project is particularly intriguing. Geologic risks are most obvious, since faulty ore grade and tonnage estimates are among the leading causes of mine failures. Wide swine&apos;s in mineral commodity prices are usually cited as another major risk in mining. Because any ore deposit is a finite resource and the miner has limited discretion in selecting a mining sequence, mines are generally at the mercy of notoriously fickle commodity markets. There is a tendency for many mine investment analysts to feel that mineral market uncertainties are unprecedented in severity. Of course, prices in other markets rise and fall also-in some cases as precipitously as with minerals. However, two other mining characteristics tend to compound this marketing risk. First, the preproduction development period for a new mine is characteristically long. Under extremely favorable conditions, a significant mine may be developed in as little as two years, but the norm is four to six years or more. Second, mining is among the most capital intensive industries, consistently ranking near the top among all industrial sectors in assets per employee, and near the bottom in annual sales dollars per dollar of assets. Thus, mine investors typically have large sums invested for a long time before the outcome of the venture is determined by notoriously unpredictable markets. This is not a business for the faint of heart, and the importance of sound investment decision making is obvious. The high risk and technical complexity of mining operations have combined to require greater attention to financial evaluation by mining engineers than by most engineers in other specialties. Nearly all early mining engineering textbooks dealt with problems in mine valuation in a detailed manner; and, today, the sophistication of capital investment analysis is high in the mineral industries. Traditional Mine Valuation Methods Although some evaluation process has no doubt accompanied nearly every mine development throughout history, a formalized quantitative approach first emerged in the last half of the 19th century with the establishment of academic programs in mining engineering. The philosophy and approach to mine valuation that evolved at this time were, with periodic minor refinements, considered the standard for nearly a century. Only after 1960 did major changes begin to occur. The traditional approach to mine valuation reflected the investment community&apos;s historic attitudes toward risk. Mines were generally considered too risky for debt financing, and virtually every new mine was financed from internally generated funds or new equity subscriptions. The investment evaluation methods that evolved focused on mining&apos;s higher risk relative to other

Jan 11, 1982

By J. A. Dlas Lima

Alunorte is a metallurgical-grade alumina refinery located in northern Brazil. This plant which was designed to produce 1.1 million mtpy of calcined alumina, started operation in July 1995. A process information system was installed before refinery start-up. It has been a main factor in process improvements, which resulted in an increase in production from 1.1 to 1.5 million mtpy. This system has been particularly useful for analyzing data and allowing retrieval of data by process engineers. This paper describes how a quality monitoring system to evaluate all aspects and stages of production, as well as alumina silo level and blending percentage, was developed. This system was designed to give support to ISO 9002 certification, which happened in December 1998. The quality monitoring system was developed using Microsoft Excel 7.0 and makes extensive use of VBA macro. The primary users of the system are shift foremen, managers and engineers, who use it to track the process and avoid variations in alumina quality.

Jan 1, 2000

Some basic terms used in cost management and accounting include: - Cost. A sacrifice made to acquire goods or services, measured by the price paid. Technically, the sacrifice is called a cost until the benefits from the goods or services have expired, at which time the sacrifice is called an expense. In this text, the terms "cost" and "expense" are used interchangeably. - Revenue. An increase in the value of the firm resulting from the sales of goods and services. - Income. The excess of revenues over costs for a specified period. The term is often used with modifiers to indicate specific quantities on an income statement (e.g., pretax income; net income). - Activity. A measure of production work. Traditionally, physical production volume (tons of ore or units of product) has been used as the measure of activity. Other measures include direct labor hours, equipment operating hours, and quantity of materials or supplies consumed. - Responsibility center. A segment of an organization that is responsible for a specified set of activities. In mining, individual operating divisions can be treated as responsibility centers, known as profit or cost centers. Departments within a division are generally treated as cost centers. - Cost center. A portion of an organization having responsibility for achieving specified levels of cost. - Profit center. A portion of an organization having responsibility for achieving specified levels of profit (revenues and costs).

Jan 1, 1999