Search Documents

By John Hickey

Management teams at mining companies begin to ask themselves whether to take a company public and, if so, how to do it as they approach the normal threshold for going public in terms of revenue and operating performance. Today, the expense of going public generally suggests the company has at least $20 million in annual revenue and at least $2 million in cash. The revenue number can be lower for mining companies with large reserves. In order to properly attract the investing public, the company must also be operationally strong with robust prospects. The company should have a strong management team and a consistent history of double-digit growth that will continue into the foreseeable future. Assuming the thresholds are met, a company?s management needs to weigh the pros and cons of going public.

Jan 1, 2012

By D. S. Parasnis

The early beginnings of mining geophysics in Sweden can be traced back to the reign of queen Kristina in the 17th century. The mine compass, consisting of a freely suspended magnetic needle in a casing, was in use certainly by 1640 and probably earlier for locating iron ore deposits. Whether the mine compass was a Swedish invention or not is an unsettled question since the possibility cannot be overlooked that the celebrated Nürnberg compass-makers of the 16th century may have constructed it for the first time(1). Be that as it may, the mine compass was very extensively employed in Sweden for more than two centuries and met with spectacular success in locating magnetic deposits under shallow overburden. Occasionally the diligent prospector would even be rewarded with a pyrrhotitebearing sulphide deposit, as witness many old sulphide-ore pits and some mines still in operation from the 17th and the 18th centuries. The mine compass measured only the orientation of the Earth's magnetic field and not its strength. Although it was improved in construction and sensitivity over the ages, no great strides were made in magnetic prospecting after the initial discovery of the use of the compass until Gauss, omnipresent in 19th century physics and mathematics, showed with the assistance of Weber how the strength of a magnetic field could be determined.

Jan 1, 1975

By William Gleason

"More than 6,300 people converged on the Colorado Convention Center for the 2017 SME Annual Conference and Expo and 119th National Western Mining Conference in Denver, CO on Feb. 19-22. Many of them crammed in to hear Douglas Silver deliver the keynote address to the conference.Silver is a portfolio manager for Orion Mine Finance, a private-equity fund focused on providing funding to advanced-stage base and precious metal projects and is one of the most respected voices in the field of mineral economics. Prior to joining Orion, he served as chief executive officer and chairman of International Royalty Corp., a global mineral royalty company, which he founded in 2003 and sold in 2011.Those who were hoping that Silver would deliver at least a bit of optimism during his 90-minute presentation got what they came for from the talk titled, “When are commodity prices going to rebound?”It marked the second time Silver has presented the keynote address to SME, the first was in 2008 and was delivered during the height of mining’s super cycle (ME, June 2008). In his 2017 address, Silver looked back on the previous 10 years and the massive contraction of the global economy that resulted from the great recession that began near the end of 2008.It has been a challenging time for the mining industry. About US$1.4 trillion was lost in the global mining stocks from 2011 to Jan. 6, 2016. Major mining companies exceeded $60 billion in write downs between 2012 and 2013 and investors lost confidence in the sector, putting the global mining industry into a bear market that has taken mining equities to historic lows.However, that was then and this is now.Using numerous examples, including rising commodity prices, a steady decline in the U.S. unemployment rate, increases in discretionary income and the Dow Jones Industrial Average, which topped the 20,000 mark for the first time ever in February, Silver theorized the current down cycle is near its end and the demand for metals and other commodities will see a sharp increase by 2025. He also noted that investors are beginning to rotate back into mining equities."

Apr 1, 2017

By W. R. Reed

This study evaluates the roof-bolter canopy air curtain (CAC) system in an exhausting face ventilation system, demonstrating its effectiveness and illustrating the CAC protection zones. Two scenarios are considered: (1) a roof-bolting machine in the center of the entry for installation of the fifth row of bolts from the face, and (2) a roof-bolting machine positioned close to the face for the installation of the last row of bolts. In both scenarios, the bolting machine is placed in an environment that contains 6.0 mg/m3 of respirable dust and is ventilated by an exhaust curtain with 9,000 cfm (4.25 m3/s) of air to simulate the roof-bolter machine operating downstream of a continuous mining machine. Two operation positions are simulated at the same bolting location: dual drill heads in the inward position for two inside bolts and in the outward position for two outside bolts. The influence of the CAC on airflows and dust dispersion is evaluated with the CAC operating at 250 cfm (0.12 m3/s) with dust reductions ranging from 39.5 to 82.8 percent. When the roof bolter is operated close to the face, increasing CAC airflow was required for adequate protection, as the dust reductions can be as low as 39.5 percent. Increasing CAC airflows to 350 cfm (0.17 m3/s) and 450 cfm (0.21 m3/s) were evaluated, demonstrating that dust reductions increased to 59.7 percent (350 cfm) and 72.0 percent (450 cfm). These results revealed improvement in respirable dust reductions compared to the CAC airflows at 250 cfm when the bolter is operated close to the face, showing the CAC can provide protection against high respirable dust concentrations for roof-bolter operators.

By Donald V. Fites

The evolution of open-pit mining has been rapid during the last two decades. The development of larger, more productive and efficient equipment has been one of the key factors in this open-pit advancement. Selection of the proper equipment and its correct usage is paramount to successful operation while maximizing return on investment. The quantity of material being moved prior to mining the saleable product is increasing at a significant rate. For example, at a southwestern copper mine more than two hundred million tons of over- burden have been removed prior to exposing an ore which contains less than 1% copper. A recent survey of twenty-three Western Hemisphere copper mines reveals the average strippingratio was 2.2:l with a range of 0.9-8.5:l. In the face of increased mineral demand, the resulting technological developments and rising overburden to ore ratios, many open-pit mines now use totally different concepts for the removal of ore and overburden. An increasing number of these concepts now being installed include wheel tractor scrapers as a major part of the material handling system for unconsolidated overburden removal. To say scrapers move only unconsolidated overburden is incorrect. On the contrary, ripped phosphate rock, copper ore, iron ore, and moderately consolidated overburden are also being moved by scrapers in various areas of the world. As reported in the Minerals Year- book, however, about one-half of the material moved in metal and non-metal mines is never drilled and blasted or broken by other means. We will, therefore, in this paper, concentrate on the role of wheel tractor scrapers in unconsolidated overburden; the area of greatest usage.

Jan 1, 1969

By RICHARD A. THOMAS, Liming Yuan, Lihong Zhou, DAVOOD BAHRAMI

Mine ventilation simulation software has become an essential tool for the mining industry to design and manage mine ventilation operations. Building a well-calibrated mine ventilation network is time consuming, however, and requires great effort. In the last several decades, the mining industry has seen a steady increase in the use of air velocity sensors to monitor airflow and detect unexpected abnormal airflow in some key locations in underground mines. The present research work was carried out to explore the possibility and methodology of calibrating a ventilation network model using atmospheric monitoring system (AMS) data on a routine and ongoing basis.

Aug 1, 2022

By R. J. Weigel

The Santa Fe Railway serves the dominant U. S. potash producing region which is centered at Carlsbad, NM. This rail system extends over 12,000 miles stretching from Chicago to the Texas Gulf Coast to the state of California. (see Figure 1) Since Carlsbad mining operations began in the 1930?s, Santa Fe has been transporting potash to many of the important grain producing areas of the country and to the major ports in Texas and California. Santa Fe has maintained a close relationship with the potash companies and has adopted a marketing philosophy of attempting to maximize opportunities for the Carlsbad producers where it is mutually beneficial. Potash has been an important commodity for the Santa Fe. It accounted for 8% of our revenue in 1965 and 3% in 1984. In the 1950?s, Carlsbad became the second largest revenue producing point on the Santa Fe. But this prominent position has diminished as ore reserves became depleted, imports flooded the U. S. market, and truck transportation developed.

Jan 1, 1985

By Seppo] [Kreula

Outokumpu Oy has acquired considerable experience with on-stream X-ray fluorescence analyzers and with computer control of flotation processes over several years. It became evident at the outset of this work that a reliable and accurate on-stream analyzer was more than a collection of different pieces of hardware linked together. Extensive work was done to develop an integral analyzer system, beginning with process samples through the spectrometer to report typewriters, recorders and the control computer. To date, over ten Courier-300 analyzer systems based on this development have been installed world-wide, several of which provide the key information for successful computer control systems. Computer control of flotation processes has been under development at the Pyhäsalmi concentrator since 1968. Two different control strategies have been implemented. The copper flotation is controlled by means of a mathematical model and economic criteria, whereas the "evolutionary operation principle" is applied to the zinc flotation. The computer control system installed at' the Vuonos-mine has been developed according to the same guidelines. In order to consolidate this wide experience, a flotation computer control system, Proscon-100, was developed by Outokumpu Oy, and the first system was installed at Kotalahti in 1972. In addition to the technological experience, enough information has also been gathered to illustrate the economical, benefits accruing through the use of these advanced tools of automation.

Jan 1, 1973

By Andrea Brickey, JUDITH BUABA, RICHARD AMOAKO

This study applies a machine-learning technique known as multiclass logistic regression on a 10-year injury dataset from the U.S. Mine Safety and Health Administration (MSHA) to determine miners’ susceptibility to injury and to help identify significant risk factors associated with different classes of injury. The analysis identifies specific risk factors that influence a mineworker’s susceptibility to a given class of injury: nonfatal with no days lost or restricted activity; nonfatal with days lost and/or days of restricted work activity; and fatal and total permanent or partial permanent disability. These factors include miner’s age, mine type (coal versus noncoal), experience on the current job (years), shift start time, employment type (operator versus contractor), mining district and type of accident. The results of the analysis indicate that a miner’s experience on the job (the number of years worked in a current job) is a significant risk to injury occurrence, even for those with decades of total mining experience.

By Miguel Reyes, Chenming Zhou, MATTHEW GIRMAN

Electromagnetic energy emitted from electronic devices has been known to interfere with other electronic systems, hindering their ability to function properly. Mines have many electronic devices critical to the health and safety of mine workers that could be negatively affected by electromagnetic interference (EMI). To ensure that devices are electromagnetically compatible, tests must first be conducted to measure emissions and check for immunity. Standards are available across multiple industries that prescribe emission limits and test methods for electronic devices. A literature review was conducted in this study, and an overview of EMI standards in other industries is provided. Also, an example of how a standard can be applied to mining equipment is presented.

Nov 1, 2022

By Thomas R. Mills

Under contract to the U. S. -Department of.-Interior, Office of Coal. Research, Hittman Associates recently completed a 16 month study of the environmental-factors associated with the siting, construction, and operation of large scale coal refineries. (1 2) The objective of this study was to identify the environmental effects and to define the magnitude of these effects and the approaches which can be used to mitigate adverse environmental consequences. In the study, the five major coal bearing regions of the country having reserves adequate to support a number of large scale coal refineries were considered. The regions considered were: Appalachian, Eastern Interior, Fort Union, Powder River, and Four Corners.

Jan 1, 1975

By Morley H. Mathewson

The unprecedented demand for capital investment in the mining industry today has intensified management's interest in every known technique which will help to reduce operating costs and increase production. One proven approach leading to the accomplishment of this objective is well known in the mining industry and is gaining added prestige, particularly where keen competitive conditions exist. This approach is in the area of incentives applied to mining productivity. An investigation of many incentive plans now in use throughout the mining industry revealed a predominant number of conventional type plans, Most of these plans are designed to reward the hourly-paid employee on the basis of percent over and above a standard hourly or daily ton rate, By contrast, this search failed to divulge any incentive plan solely and independently developed for production management employees. This does not mean that such plans in the mining industry are nonexistnet, but it does indicate that production management incentive systems are scarce or are being kept under wraps.

Jan 1, 1960

By Thomas H. Koenning, William E. Bruce

The importance and complexity of the ventilation systems in many underground coal mines necessitates the use of digital computers to model the ventilation networks. The modeling procedures used by the Mine Safety and Health Administration (MSHA) utilize the MSHA-modified Penn State computer program. The basic techniques used by MSHA have been described in detail in NESA (now MSHA) Informational Reports 1066 and 1183 (1. 2). Two basic methods are utilized for modeling underground mine ventilation systems. The first modeling method is the use of actual air-flow, pressure, and fan-performance data acquired during a full air-pressure, air-quantity ventilation survey to develop a mathematical model of the ventilation system. The second modeling method is the design of a ventilation system using data obtained from calculation, from past experience, or from technical literature. The latter method would typically be used to design a ventilation network prior to developing a new mine. Regardless of which method is used for modeling, there is a need to know, or to calculate, appropriate resistance values to be used for airways and for the various ventilation control structures. Such data is typically difficult to obtain and this report is an attempt to summarize typical resistance values which may be used in designing ventilation networks for new mines or in simulating proposed system changes in existing mines. Illustrations are presented to show where some of the resistances typically are located and how they are modeled in mine ventilation net- works.

Jan 1, 1987

By Mike Preston

Attrition scrubbers may not be glamorous, but they are an important and sometimes neglected step in mineral processing. Optimal attritioning will significantly improve the results and efficiencies of subsequent processing steps and can lead to reduced costs and improved product yields. Why is attrition scrubbing used? Attrition means to wear away a surface, typically by friction or abrasion. An attrition scrubber does exactly this, using impellers to force particles against each other, causing intense scrubbing, grinding, abrasion and polishing. This process is not a new concept. It has long been used in the glass industry to remove surface contaminants from silica. But it is also widely used in many areas of mineral processing and other applications including soil remediation and plastics recycling. In mineral separation, for example, the scrubbers help improve yield and efficiencies by preparing feed materials for downstream processes such as flotation, magnetic or electrostatic separation. Inefficient scrubbing can lead to coatings remaining on valuable minerals and decreased yields, as the covered minerals cannot be processed efficiently or are mistaken as waste contaminates and removed. In the example of flotation separation, pre-flotation conditioning uses attrition scrubbers to provide better recovery of minerals while using fewer chemicals. If surface contaminants remain on the mineral, yield is reduced, as the unwanted coating acts as a barrier to the reactants, which make it unfloatable and, therefore, unrecoverable.

Oct 1, 2013

By D. C. McLean

One of the few innovations in hydrometallurgy in recent years has been the utilization of the chemistry of basic iron sulfates called jarosites. These have been used to make iron-zinc separations in the processing of zinc concentrates and are a very important factor in both the Duval and Cymet copper chloride processes as a means of preventing iron build-up in the closed leaching circuits. Copper oxychlorides are kindred compounds in that they are insoluble basic salts that form at low pH (1.5 to 3) and precipitate selectively from many base metal solutions. They have been reported in the chemical literature as far back as 1860, and a few of them are known in their mineralogical forms (particularly atacamite) usually as nuisance minerals because of their chloride content. Several patents describe their synthesis and use as fungicides and insecticides, and papers have discussed their formation as corrosion pro¬ducts on copper and brass piping (14).

Jan 1, 1979

By Wayne S. Cavender

The geochemical association of arsenic and gold in epithermal precious metal deposits of the Basin and Range province is well documented, and in this paper I wish to discuss the evaluation and utilization of this element association for geochemical gold exploration. In 1961-62, I conducted an exploration program on lands controlled by Getchell Mine, Inc, and centered about the Getchell gold mine itself, Besides exploring for new gold deposits, the program was to evaluate these lands for potential deposits of any type; thus, a multi-phase program encompassing a number of exploration methods was conducted. I shall not elaborate on the process of designing the program or of integrating the various methods, but for gold exploration, geochemical methods were determined to have the best potential. This paper is based on that effort. Figure 1 shows the exploration area, which covers the northern half of the Osgood Mountains in eastern Humboldt County, Nevada. The Getchell $line is on the east flank of the range and is about 40 miles northeast of Winnemucca.

Jan 1, 1964

By James M. Stauffer

There are many types of filters designed to separate a solid from a liquid, including plate and frame presses, pressure leaf filters, gravity filters and vacuum filters. This discussion will be limited to continuous vacuum filtration and, specifically, to continuous rotary vacuum disc filters, drum filters and horizontal belt filters. The use of vacuum filtration can be advantageous in that: 1. The feed slurry can be delivered to the filter either by gravity or by a simple, inexpensive low pressure pump that only has to overcome the resistance of the feed piping system. 2. The filter equipment does not have to withstand high pressures. Consequently, a wide range of materials of construction, including plastic and fiberglas reinforced polyester (FRP), can be used in the fabrication. 3. After the form time, the filter cake is exposed to the atmosphere and the cake is accessible for further operations such as mechanical or physical dewatering, washing, and sampling on a continuous basis. 4. The discharge of the dewatered solids is continuous for directly feeding to the next operation; for example, a dryer. 5. Various methods of discharge can be fitted to the filter to effect optimum discharge of the dewatered cake solids. The principal of operation of a vacuum filter, regardless of type, is basically the same. The filter incorporates a filter medium supported on a drainage system and arranged so that the mixture to be separated (feed slurry) can be introduced to one side of the filter medium on which the solids are trapped and through which the liquid (filtrate) flows due to the applied vacuum.

Jan 1, 1979

By J. G. Asbury

Broadly conceived, the demand for electricity depends upon three sets of variables: (i) the growths of the many individual demands for energy services; (ii) the competitiveness of electrically driven technologies in meeting these demands; and (iii) the energy-conversion efficiencies of installed electrical technologies. The first set of variables establishes the size of the potential market; the second, the market penetration of electrical equipment; and the third, the quantity of electricity required to operate the equipment. All forecasts of electricity consumption ultimately depend upon inferred or assumed relationships to describe the future behavior of these variables. This partitioning of the demand-forecasting problem is conceptually useful and will guide the discussion presented in this paper. However, it is also something of an oversimplification. Examined in more detail, the electricity fore-casting problem is exceedingly complex. The variables mentioned above are, in turn, found to depend upon more fundamental sets of demographic technological, resource, and policy variables. The demand projections developed by the major forecasting services are usually developed in terms of these underlying variables, which themselves must be independently forecast.

Jan 1, 1985

By Lawrence M. Lenahan

Cleveland's Southwest Interceptor Contracts No. 3 and No. 4 are continuations of Contract No. 1 addressed at the 1987 RETC with geology, equipment, and methods that differ greatly. The two contracts consist of 791 m (4.22 miles) of 3.5 m (11.5 ft) tunnel lined to 2.9 m (9.5 ft), nine access shafts, six drop shafts, and six collection structures. The excavation drive was completed by the use of a 1970 vintage Robbins TBM hybrid for this particular job through the use of both new and old technology. All other excavations were successfully accomplished through drill and blast method in tight residential areas. Concrete lining and connections were completed nine months after holing through.

Jan 1, 1989

By Z. R. Llanos

The petroleum refining industry makes extensive use of catalysts for the conversion of crude oils into more usable products such as gasoline, fuel oil and gas, aromatics, and others. Catalysts used for hydraprocessing contain cobalt-molybdenum or nickel -molybdenum, although there are catalysts that also contain tungsten. During hydroprocessing, nickel and vanadium are deposited on the catalysts, eventually rendering them inactive. The refiners are then confronted with the problem of disposing the spent catalysts. In the past, landfilling was a common method of disposal and it is still practiced in some countries. Other refiners prefer to stockpile the spent catalysts at the refineries until the price of metals warrants their sale to metal reclaimers. This practice, however, poses environmental problems to the refineries for storage and disposal of spent catalysts. Other types of catalysts are amenable to regeneration. The purpose of this paper is to focus attention on the recovery of nickel, cobalt, molybdenum, vanadium, and alumina from spent hydroprocessing catalysts by Gulf Chemical and Metallurgical Corporation and to review the use of sodium hydroxide and sodium carbonate for pressure leaching of spent catalysts.

Jan 1, 1986