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By S. L. Chen

The Kumera Technology Center developed a unique type of steam dryer for drying copper concentrate in the mid 1990s. The dryer has been chosen in several copper smelter projects since 1999. To expand production capacities, the Norddeutsche Affinerie smelter, the Pirdop smelter of Cumerio, the Toyo smelter of Sumitomo Metal Mining and the Tamano smelter of Hibi Kyodo Smelting have carried out projects in which Kumera Steam Dryers were installed. The capacity of a single steam dryer varies from 70 t/h to 160 t/h. This article summarizes the latest operation results of the Kumera Steam Dryers in these smelters and introduces the progress of the ongoing projects in Yanggu Xiangguang Copper, Guixi smelter of Jiangxi Copper, Jinlong Copper, Boliden Harjavalta, and Onsan smelter of LS-Nikko Copper.

Jan 1, 2007

By P. H. Shipway, D. G. McCartney, H. Saghafifar

The microstructural changes during thermal ageing at 650ºC in the interfacial region of Alloy 625 weld overlay on a 2.25Cr-1Mo steel was evaluated. Optical microscopy, scanning electron microscopy in SE and BSE modes, electron probe microanalysis and hardness mapping were used to characterize as-welded microstructure and its changes during thermal ageing and precipitates of interfacial region. Carbon migration across the interface was recognised as a major issue. A region of 300 µm wide adjacent to the fusion line, which was found harder in the as-welded condition decarburized during thermal exposure. Studies revealed that this region transformed to a soft region containing large ferrite grains and micron-sized carbides. In the weld overlay, a 50 µm wide hard band (over 650 Kgf mm-2) adjacent to the fusion line formed and carbide precipitates were observed along grain boundaries. Carbide precipitation mostly occured in the 150 µm wide region close to fusion line.

Jan 1, 2017

By W. F. MacIsaac

"The large low-grade Copper Mountain deposit is located in the northern portion of the Gaspé Cooper Mines property. It is approximately 1 mile north of the Needle Mountain deposit. The orebody outlined to date lies in the top 1,000 feet of the Grande Greve formation. Chalcopyrite occurs in association with pyrite and quartz in small veinlets and numerous fractures. The deposit is immediately adjacent and parallel to a quartz-feldspar dyke and may be associated with a nearby porphyry stock. Stratigraphy, alteration and structure appear to have played an important role in ore deposition."

Jan 1, 1969

By Andrew L. Mular, Robert P. Edwards

"The operation of flotation circuits is often regarded as a combination of art and science. Expert systems offer a method by which the art may be captured and supervisory control of flotation circuits fully realized. Operating knowledge, the art, can be consistently employed to enhance regulatory control through the judicious application of an expert system. Using an expert system, a supervisory control routine was developed, and success- fully implemented, in the copper flotation circuit at Brenda Mines Ltd.The expert system ran in conjunction with regulatory PI controllers on a personal computer. The expert system received assays via an on-stream analyzer and adjusted regulatory loop set points as required in real-time. From its commissioning in November, 1989, to the end of the mine 's operation in June, 1990, it was enthusiastically embraced by the operators and attained operating levels superior to those achievable manually.IntroductionExpert system (ES) software springs from research into artificial intelligence and is currently making significant inroads into business and industry. ES proponents make many attractive claims; they are a means of capturing the knowledge of experts and they can be programmed by non-programmers. To date, most uses of this software in the process industry are in off-line applications, meaning that the applications are not tied directly to operating (on-line) environments. Moreover, in on-line environments, they are typically employed as advisors and only suggest changes. Human operators are required to close-the-loop to the process. Yet, an ES should be applicable to operating environments and, if the claims of the proponents are valid, should also be better than existing tools. As an intelligent controller an ES must use the knowledge of experienced operators, apply it directly to a process and do this without the intervention of human operators. On-line applications have been successfully employed in the closed loop control of SAG circuits (Herbst et al., 1989) and flotation circuits (Hales, 1989). Harris and Kosick (1988)detail an implementation for flotation control at the Polaris Mine."

Jan 1, 1992

By Tony B. Szwilski

"The efficiency of operation and life of an advancing longwall coalface depends, to a great extent. on the face-end roof strata conditions and the stability of the gateroads. The factors that influence the rate of closure of gateroads are examined, in particular the gateside pack and the coal rib (crush) pillars. The performance of mechanized packing systems is briefly discussed. Gateroad deformation surveys were carried out at two coal mines to determine the influence of the rib pillar width on gateroad stability; also, the influence of the gateside pack on the immediate roof and floor strata is analyzed based on strata bed displacement measurements from instruments installed in the gateroad and pack-hole of a longwall advancing face operating in a thick seam (7.55 m). Concluding, an evaluation of the fac e-end systems examined is given and recommendations made f or the most suitable rib pillar width. face-end geometry and roof strata reinforcement.IntroductionKevword s: Coal mining, Pillars, Rib pillars, Ground control, Longwall mining, Gateroads , Packing systems, Roof control. The face-end region of a longwall advancing face is the center of mining activity, being the turn-around point for the coal cutting machine. and the place of gateroad formation and movement of special face-end supports. The design of face-end layouts can be aided by knowledge of strata control parameters, such as the effective loading of the immediate roof strata , convergence of the roof and floor, magnitude and distribution of fractures in the roof strata around the face-end , optimum placement of supports, coal seam thickness and strength characteristics, geometry of layout and interaction from neighbouring workings. Generally, the gateroad is formed by one of three face-end methods: (a) advanced headings, (b) in-line system (gateroad formed at the face) or (c) conventional ripping with or without stable elimination (also halfheading). The quality of gateroad is influenced principally by the face-end system employed, standard of gateside pack and width of pillar. A good standard of gateroad is generally achieved by employing the half-heading face-end system, the gateside pack and coal rib pillar having comparative support/ yield (stiffness factor) characteristics. However, the halfheading is often not favoured due to face operation restrictions."

Jan 1, 1981

By C. H. Sleeman

"The Iron Ore Company of Canada constructed a beneficiation complex in Sept-Iles, Quebec, to concentrate and pelletize earthy red hematite iron ores from the Knob Lake area. The plants were scheduled for initial production during the first quarter of 1973.Many problems have been experienced to date. Difficulties in controlling the process, excessive mechanical failures, design deficiencies and manpower-staffing problems have caused an extended start-up. The problems are now essentially solved and, with the completion of some additional minor modifications, it is expected that the plants will be producing premium iron ore pellets at or near rated capacity within the next immediate period."

Jan 1, 1976

By G. K. Rutherford, G. W. Van Loon

"Tailings in the mining and smelting industry are reject products of the refining process which are deemed too deficient in native are to warrant smelting. They are essentially finely ground rock materials which have been moved by alluvial suspension from the site of crushing to a deposit site. It is realized that components of flotation chemicals used in specific gravity separation may become part of the tailings and also that sewage sludge or other materials may be added at some stage to the tailing deposits.It would seem, then, that as tailings have a similar parent material to soils, namely rocks, and that they have also been comminuted to similar size fractions, they would react in similar ways to soils. There is an increasing body of evidence and experience which both supports and negates this supposition. It is the object of this paper to point out similarities and contrasts between these two materials which may influence the vegetation and rehabilitation of tailings.Soil-Formlnq FactorsThere are considered to be six soil-forming factors which impart the particular and unique properties harboured by a soil at any site. It is .relevant to consider each of these in turn, as each provides an historically based parameter with which to judge tailing properties.Parent MaterialsAlthough all mineral soils have originally come from rocks, for most soils the route has been rather circuitous. Soils may be formed directly from underlying rocks, as in some parts of tropical and semitropical regions today; these are sedentary soils. However, most soils of the world have been formed by materials which were transported to their present site by ice, water or wind, or as volcanic ash. Virtually all soils in Canada have been transported by ice or water and deposited on an extraneous rock surface during the last glacial retreat. Ice-deposited materials are extraordinarily heterogeneous in their size components and may range from very bouldery and gravelly to predominantly clay-sized materials. Water deposited sediments are usually homogeneous, but nevertheless these also show considerable level variations. In many parts of Canada, clay-sized materials deposited in ephemeral post-glacial lakes form the parent material for soils."

Jan 1, 1982

By Y. Mercadier, M. Ait-Ali, M. Dostie

"This paper presents the results of an analytical study to assist in the design of blast furnace tuyeres, including a prediction of the heat transfer process.IntroductionA blast furnace tuyere must be made of a material which must con serve its geometric and structural integrity in the environment of the fire-ball of the furnace. It must be cooled by a fluid forced through its internal cavities in such way as to keep its maximum temperature below the allowable limit. The prediction of the convective heat transfer coefficient inside the tuyere is of great importance in the design of new tuyeres with increased service life. We have developed a computer program which can predict the convective heat transfer coefficient for two-phase flow. This paper shows how the program work s and how it can be used for the numerical simulation of tuyeres.To simulate the h eat transfer conditions in water-cooled tuyeres, one has to predict:a) The heat flux (radiation and convection) generated by the combustion gases. This was evaluated using the single-zone gas-furnace model. This model yields results which are of the right order of magnitude. A more fundamental study of radiation heat transfer based on combustion and gas concentration s will be reported in a future publication.b) The local convective heat transfer coefficient at all points with in the tuyere.Prediction of the Convective Heat Transfer CoefficientTo calculate the convective heat transfer coefficient for refrigerant stream, semi-empirical correlations developed by the nuclear industry were adopted. These correlations permit us to analyze the entire range of the convective boiling range, as shown in Table 1. Our first attempt, with a single-phase flow correlation, has shown the need to take nucleate boiling into account."

Jan 1, 1982

By W. H. MacLean

The Matagami district lies directly west of Chibougamau on the north side of the Abi tibi greens tone belt. Ores at Matagami are volcanogenic massive sulphides and occur in the dominantly rhyolitic Watson Lake group surrounding the Bell River Igneous Complex. Rhyolites and basalts of this group, and basalts of the overlying Wabassee group in the central part of the district, are tholeiitic; calc-alkaline Wabassee rocks occur in the western part. Massive sulphides occur associated with rhyolite domes that can be delineated by paleotopographic and isopach mapping. They are mainly distal deposits that formed over an extended period of time while several volcanic units were being deposited,

Jan 1, 1984

By Jacques H. Nantel, James F. Archibald

"Frozen tailings material may be required, in the future, to perform the support functions of underground backfill in mines located in zones of permafrost, notably in the high Arctic. To date, no knowledge of physical support parameters of such materials has been obtained in Canada due to the limited mining activity in permafrost regions. It is therefore judged essential that the important physical and mechanical properties relating to frozen tailings material be assessed.Innovative mining methods will be required to cope with the harsh environmental conditions that exist at mining sites in the Canadian Arctic. A preliminary laboratory study, in the absence of field trials at limited Arctic mining sites, has been completed in which the physical and mechanical properties of several types of representative mill tailings mixtures have been investigated. A variety of tests, to determine frozen slurry and pelletized tailings strength properties, moduli of compression, optimum water contents, deformation characteristics and the like, have been conducted.The results of this study will be used to establish guidelines for the suitability of tailings use in such northern mining environments. IntroductionFrozen tailings material has never been used to backfill underground openings in Canadian mines. At present only one Canadian mine, the Polaris Mine situated on Little Cornwallis Island, is investigating the use of frozen backfill. However, the Canadian North covers a large territory and potentially contains a large number of mineral deposits. The understanding of concepts related to mining activities in sub-zero frozen ground is therefore important.The implications of using frozen tailings as underground backfill material are far reaching both from the point of view of mine stability and disposal of tailings in the arctic regions.The strength of frozen materials (soil, backfill, etc.) may take on different meaning depending on the engineering situation. Both the concepts of rupture and excessive deformation need to be considered.The functions usually required to be performed by the backfill material in underground mines may be summarized asfollows:a) working floors; such as in cut-and-fill stopesb) stope wall support; for cut-and-fill and delayed fill stope~c) self-support when backfill is exposed on one face; during pillar recovery phases.For fill functions such as working floors, the short-term response of the frozen fill is the dominant concern. For the other fill functions, the long-term deformation response of the frozen fill, or creep, is of interest."

Jan 1, 1986

By T. Loos

The Norddeutsche Affinerie operates an Outokumpu-Flash-Furnace as a smelting unit. The pyrometallurgical slag cleaning process is based on the slag reduction and settling in the electric furnace. Since 1972 when the slag cleaning furnace was built the throughput could be increased fourfold. However, an extensive optimisation effort is required in order to keep the copper loss low. A parameter study with a neuronal network model based on real process data was conducted to identify parameters impacting on the copper loss in the slag. It could be demonstrated that the main parameters responsible for copper loss in the final slag are fixed parameters of the flash furnace. For a better understanding of the copper loss in the electric furnace microscopic analyses of the slag structure and viscosity measurements were performed. Based on these results the reduction and settling of the copper containing droplets could be increased in both pilot plant studies and industrial scale. 4

Jan 1, 2007

By Lyle F. Smith

With the demand for larger diameter raises under all ground conditions and the increasing price of drill rods and operating costs, it was evident that there was a need for a raise borer with a variable-speed drive and fast-response torque limiting control. The raise boring machine described in this paper was developed after several years of market research and discussions with mine operators and construction contractors. This paper discusses the Ingersoll-Rand raise borers with the solid-state controlled DC motor drives. These machines have gained wide acceptance in the five-year period since being placed in operation and are designed to accommodate the range of raise diameters and lengths most required today.

Jan 1, 1978

"Sink-float analysis is often used to obtain yield-ash and density partition curves in the coal industry. These provide a valuable tool for evaluating the performance of a separation process. However, for dense minerals, obtaining complete grade-recovery and density partition curves is more difficult due to the lack of heavy liquids available with the required densities. This paper examines a potential solution to this problem which is to perform batch fractionation of mineral samples in a laboratory-scale REFLUX™ Classifier using high viscosity fluidising liquids. The REFLUX™ Classifier is a gravity separation unit consisting of a system of parallel inclined channels positioned above a vertical fluidised bed. Operated in semi-batch mode, a charge of particles is fluidised from below and particles up to a certain density are elutriated from the top of the system. The fluidisation rate is then increased incrementally to fractionate the sample at progressively increasing densities. Previous work by Hunter et al. (2014) and Iveson et al. (2015) has shown that this method provides excellent agreement with yield-ash and partition curves for coal, especially when glycerol solutions are used as the fluidising liquid. This approach has now been extended to obtain the grade-recovery and density partition curves of high density mineral samples. This method has the potential to provide the minerals industry with an effective tool to evaluate the performance of unit operations separating at cut points higher than the available heavy liquids.INTRODUCTIONMeasuring efficiency and effectiveness is of key importance in the continuous improvement of mineral processing plants. For density based separation, one way the performance of a process can be evaluated is the measurement of density-based partition curves. Currently, this is done in the coal industry using the sink-float method, where heavy liquids are used to fractionate particles into discrete density intervals. However, with high density minerals such as iron ore, liquids of sufficient density are rare, and in most cases also pose serious health and safety concerns to laboratory operators. Most commercial laboratories do not perform sink-float separations above a density of about 4400 kg/m3, the maximum density of Clerici solution without operating at excessive temperatures (Koroznikova, Klutke, McKnight & Hall, 2007; Rosenblum, 1974)."

Jan 1, 2016

By Akira Fujisaki

"The oil crisis accelerated the change of non-ferrous metals' demand structure. Maturing societies in developed countries and preference for lighter, thinner and smaller products are eroding the non-ferrous metal industries' growth potential. Inventory-control, stockpiling and developing new demand are measures Japanese smelters have taken to cope with the changing demand.The most effective means for risk management of product demand lies in the cooperation between ore producing countries and metal consuming developed countries to assist developing countries in their efforts to ""take-off"", which in turn will bring about a surge of demand for metals.SummaryThe non-ferrous metal industry in the world is suffering its most serious slump since the war. With some of the markets of the advanced industrialized countries approaching saturation point and economized usage of natural resources and substitution growing, the possibility of a quick recovery of the demand for base metals is dim.To cope with the changing product demand Japanese producers have had recourse to such measures as strict inventory control and stockpiling for the purpose of stabilized imports. They have also tried hard for securing raw materials and promoting new field s of demand but the very core of ""risk management"" has been the diversification of line s of business to bolster and stabilize the foundation of management of the non-ferrous metal industry in Japan.To see the demand for nori-ferrous metals recover from the slump and be put on a path of solid development, we have to wait for the economies of the developing countries to ""take off"" and for its realization the economies of the developed countries must be reactivated with new growth industries playing a leading role, and the transfer of technology and money recycling must be carried out smoothly under an orderly international trade system."

Jan 1, 1983

By K. Kryst, K. Elkayar

The increasing need to process lower grade contaminated copper concentrates and simultaneously produce higher purity copper cathodes necessitates a more diligent control in the electrorefining process. Ion exchange processes can be a powerful tool in controlling electrolyte impurities to ensure trouble free operation within the tankhouse and to help maintain cathode purity. In addition, some impurities can be recovered as a value added product. The use of a short bed ion exchange process provides a unique opportunity for impurity management in copper refineries. Several metals are discussed in this paper, including Sb, Bi, As and Ni and their methods of control and recovery within the copper electrolyte circuit. INTRODUCTION To produce a high purity copper product by electro-refining a copper electrolyte, it is important to control the concentration of impurities such as arsenic (As), bismuth (Bi), antimony (Sb), and nickel (Ni). These impurities are introduced into the electrolyte from the copper anode and can affect the copper product and the production operation. The presence of As in the copper product results in a lower electric conductivity and reduced workability of the copper. High levels of Bi in the electrolyte will result in a copper cathode product containing Bi. High Sb concentration will cause undesired floating slimes. A variety of methods have been developed to control the level of these impurities in the copper electrolyte including precipitation, liquid extraction, and ion exchange. These impurities can be recovered and used. This paper discusses novel methods that utilize short bed ion exchange technology to control these impurities. Also, the use of ion exchange to recover acid from the liberator cells bleed for reuse in the tankhouse is reviewed. SHORT BED ION EXCHANGE Short bed ion exchange technology has been employed extensively in the metal finishing industries for over forty years. Unlike conventional ion exchange, short beds are fixed beds without freeboard space. The application of short bed technology results in significant benefits when compared to conventional ion exchange. The resin used in this technology has a significantly smaller diameter than conventional ion exchange resin. As a result of the smaller resin size, exchange kinetics improves dramatically. This facilitates operation at higher flow rates and the use of smaller beds with a small mass transfer zone length. Smaller beds are especially important for applications that use chelating resins due to the high cost of the resin.

Jan 1, 2019

By L. A. Wolff

"Second only to profitability (but not always), productivity is the most sought after measurement for any operation. Whether it is in mining, manufacturing, construction, etc. managers always strive to know how productive various plants are. Even the Federal Government publishes, on a monthly basis, the nation's factory productivity.Just what is productivity and how is it measured? This is an important topic that needs definition. There could be as many definitions as there are people who use it. In the mining industry, the problems of defining productivity would be analogous to the definition of equipment availability. Each mine uses its own definition to suit its needs. Webster's Dictionary primary definition for productivity is ""the quality or state of being productive,"" with productive defined as ""yielding or furnishing results"". This is a definition open to a broad spectrum of interpretation. A discussion of how productivity is currently used in the mining industry and an introduction to a potentially different approach to its measurement and meaning is outlined in this paper.Defining ProductivityTypically, mining companies track several productivity measurements. These are partial measurements and can include the following: tons per specific equipment class per hour, tons per man-hour, and tons per shift. None of these, however, track the over -all performance of an operation, that is, a unit of output per unit of input.For a mining operation, output can be defined as the ore for mill processing. Input includes the required components of production to get to the first step of processing.The Wesbter's Dictionary definition exposes a major fault with the popular conception of productivity. The critical issue of accountability is not addressed. Anyone can produce, but how effectively and efficiently are resources used? Quantifying an inclusive measurement is difficult. Statistics referring to an increase in productivity are often published. For example, the statement, ""gold productivity has increased by 10%"" has many potentially dangerous interpretations. One must ask, what does this statistic really mean? Did gold companies produce 10%” more gold? Were less manpower or equipment required to produce an equivalent amount of gold? Did ore grades increase resulting in more ounces of gold produced, etc. Obviously, production and productivity can have similar implied applications and meanings, but also two different, distinct meanings.To mitigate a problem like this, a standard needs to be developed within the mining industry. Because of varying ore grade, changing waste to ore ratios, different mining methods, etc. all of which have a direct impact on mining, development of a standard is difficult. Kendrick(1) discusses the use of Total Factor Productivity as a productivity measurement. Summarized, the total factor productivity measure is an indication of the change in efficiency in the use of basic labour and capital factors associated with an operation.This measurement has little meaning when calculated at a given point in time. It should be an on-going calculation, tracking an operation over a period of time, to evaluate trends. These trends can be used to determine if an operation's productivity is what it should be, and alert management to potential problems before they become major and adversely affect an operation."

Jan 1, 1990

By Malcolm Scobie

"This paper reviews the evolution of Canadian surface and underground mining automation, principally relating to: advances in communications, initial development of machine teleoperation from line-of-sight remote control, and islands of automation. The eventual role of teleroboties and minewide robotic mining remains to be resolved. The progress and approaches adopted have tended to vary within each sector of the mining industry. Recent information technology advances have made possible the Digital Mine; in which information associated with all mining processes, however dispersed, would be integrated with support systems using new communications technology. The Digital Mine will provide the information infrastructure to serve as the foundation for minewide automation. This paper concludes by reviewing the issues likely to govern implementation success, relating to: mining process design, machine design, machine intelligence, and mine planning and control.IntroductionSignificant advances have recently been made in underground hardrock mine communications and teleoperation. Subsequent R&D efforts are mainly focussing on control systems for various types of machines. In underground potash mining, the realization of automated continuous mining systems appears to be imminent. Recent advances in surface mine dispatching, machine monitoring and global positioning systems (GPS) have tended to reactivate some of the initial R&D enthusiasm developed in the '70s for surface mine automation. Mines at large are approaching a major milestone: the implementation of comprehensive communications infrastructure which proves to be sufficiently reliable and economical to support the automation of routine mine production, either using teleoperated or autonomous machines. This then should motivate a deeper commitment to real time monitoring and management. The communications advances make possible the Digital Mine; in which information associated with all mining processes, however dispersed, would be integrated with support systems using information engineering. The Digital Mine will provide the information infrastructure to serve as the likely foundation for a wide range of automation scenarios. This paper surveys the status and directions of automation development in both surface and underground Canadian mines, pointing to what are seen to represent key technology development issues."

Jan 1, 1995

By John E. Udd

"For decades, writers have expressed concern about impending shortages of professionals for Canada's minerals industry. Even under the present difficult economic circumstances, it is anticipated that the supply which will be available will not be adequate to meet the requirements in certain key areas including mining and petroleum engineering. It is evident that, unless further initiatives are taken, shortages will exist for some time.In this paper, the writer reviews information which relates to both the demand for, and the supply of, persons with advanced-level education in minerals-related disciplines. In particular, a summary is made of the information regarding supply which has been collected by the CIM General Committee on Education for many years.In concluding, the writer expresses some personal opinions regarding imbalances between demand and supply and offers some recommendations for future actions.IntroductionLast year, in a paper which was presented at the Annual General Meeting of the CIM in Calgary, the writer presented a review of the situation regarding professionally educated manpower for the minerals industry, and concluded that indications were that the gap between demand and supply was widening and that the situation could be expected to continue. Since that time, the deterioration of the nation's economy has caused an appreciable reduction in demand. Simultaneously, a further annual survey by the CIM has shown that the numbers graduating in certain specializations, notably geology and some of the technologies, are rising very rapidly. One of the great concerns of educators at present is that adequate opportunities may not exist for all of those who are now graduating.The danger of the present situation, then, is that a momentary lack of opportunities may cause potential students to choose alternative careers . Because of the lead-time which is involved, it is very possible that this could result in greater shortages during a period of economic recovery or expansion. Action must be taken to ensure that adequate numbers will be attracted to the industry, and this applies particularly to those who have already made the career decision and who are enrolled in minerals-related programs."

Jan 1, 1982

By R. E. Stewart

"Using the concept of economic life and marginal analysis, it can be shown that proper equipment replacement timing can save a mining company many thousands of dollars. To assist management with determining the economic life of mining equipment, a new computer package has been developed. The package, called ERG (equipment replacement guide), incorporates all important economic factors related to equipment usage, such as operating costs, maintenance costs, salvage values, depreciation, volume of work, tax credits, inflation rates, ROJ, etc. The information is used in a series of equations which balance the costs of new equipment against the total cost of old equipment. The solution of the equations determines economic life and the point in time when the old equipment should be replaced. IntroductionIn an operating mine, equipment must eventually be replaced or downgraded for a variety of reasons. Fleets of haul trucks, dozers and other major pieces of equipment deteriorate over time until the mounting costs of maintenance and repair force either a major overhaul or the ir replacement by new and more efficient pieces of equipment.The question of determining the best time to replace old equipment has been approached in many different ways. Various methods, ranging from operating experience, intuition and physical necessity to sophisticated computer models have been devised to help cope with equipment replacement decisions . The best of the se will incorporate the most important economic factors related to equipment usage, such as operating and maintenance costs, salvage values, depreciation, work delivered, the cost of capital, tax credits and, of course, the effects of inflation.Economic TheoryThe fundamentals of equipment replacement theory grew out of the interaction between economics, engineering and finance. The use of annual cost comparisons and rate-of return calculations were helpful in handling situations in which assets with different finite lives were being compared. Later developments bringing together the concept of economic life and marginal analysis helped provide additional refinements to the theory. Taylorui showed that the displacement of an aging asset with a similar, but newer, asset can be justified economically when the marginal cost of keeping the asset one more year exceeds the minimum uniform annual cost equivalent of the proposed replacement."

Jan 1, 1980

By Michael R. McPhie

Topics of Discussion 1. The Global Mining Initiative (GMI) and MMSD North America (Brief) 2. Task 2 of MMSD North America ? A Test for Sustainability 3. The Seven Questions and their Application 4. Key Recommendations and Next Steps GMI = Global Mining Initiative Significant international collaborative effort supported by more than 30 of the world?s largest mining/minerals firms which sought to involve all communities of interest. Three major streams of activities: 1. Mining, Minerals and Sustainable Development Project (MMSD) ? 4 regional Process (North America, Southern Africa, South America, Australia) 2. Creation of ICMM (formerly ICME) 3. Major conference in Toronto in May, 2002

May 1, 2002