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By Derek du Preez, Andrew Hall, Timothy M. Pelech

Net Present Value (NPV) derived from Discounted Cash Flow (DCF) analysis remains the dominant metric for evaluating mining projects despite its well-documented inability to capture managerial flexibility under uncertainty. DCF assumes that all risks are perfectly priced by financial markets. This is an unlikely assumption for volatile commodity prices, geological variability, or the array of mining technical and operational risks present on all mine sites. Real Options Analysis (ROA) was developed to remedy this limitation by explicitly valuing the ability of managers to defer, expand, scale, switch, or abandon investments as new information emerges, and to capture upside and mitigate downside risks. While ROA is philosophically correct and routinely shows an uplift in project value compared with DCF, its practical application at industrial scale is severely constrained, ROA faces the reality of a combinatorial explosion in complexity of decision trees, Monte Carlo simulations and other models required when multiple interdependent or sequential options exist across numerous mining zones and time periods. The AMC Hill of Value® (HoV) process adopts the same intellectual foundation as ROA, that flexibility has economic value, but operationalizes it through a far more robust and scalable architecture. It is built on parametric relationships, rapid scheduling, and multi-objective evolutionary optimisation. HoV can evaluate millions of compound, interdependent real options in a single optimisation run, delivering resilient, adaptive strategies that preserve managerial flexibility while simultaneously optimising NPV, mine life, risk exposure, and other corporate objectives. This paper demonstrates that HoV is the practical, industrial-scale embodiment of real options thinking in mining: it discovers, ranks, and translates the most valuable real options into strategic mine plans, overcoming the scalability barriers that have prevented widespread adoption of classical ROA.

Feb 22, 2026

By A. J. Richins, M. G. Nelson, R. Dunne

From the inception of flotation in the late 1800s, coarse particle recovery has been a challenge to practitioners. By the early 1900s, flotation processes included oil flotation, skin flotation, agglomeration flotation, and froth flotation, and for each there was a proliferation of flotation equipment. Ensuring good coarse particle recovery included desliming of the feed and proper conditioning were required. Froth flotation was at first used mainly to treat finer materials from grinding circuits. The maximum size for coarse particles was from 3.18 to 4.78 mm. In froth flotation, large particles with high specific gravity tend not to be recovered. Coal and minerals of low specific gravity and flaky minerals such as graphite, mica, and talc can be floated in larger sizes. In the early 1960s, the phosphate industry began using column cells to recover coarse particle by froth flotation, but early columns suffered from poor bubble generation and sanding at the flat base of the column. Recently, improved coarse particle recovery has been the object of new cell designs—the Eriez HydroFloat™, the Jord NovaCell™, the FLS coarseAir™ cell, and the Cidra P29 integrated system. The paper will follow the development of coarse particle flotation with a focus on the development, laboratory assessment, and operation of the new flotation equipment and technology designed to recover coarse particles.

Feb 22, 2026

By Nelson Alonso Portal Ravichaua, Melissa Esther Mendoza Tirado, Raúl Arévalo Saavedra

This study analyzes the implementation of an integrated strategy for environmental education and community awareness in Cajamarca, Peru—an Andean region affected by climate variability and the public perception of miningrelated water shortages. In collaboration with the Interactive Water and Earth Museum and the Newmont ALAC Foundation, three-month campaigns were conducted in schools and local communities. Key topics included the water cycle, climate change, and water availability, linked to urban infrastructure projects that improved flow rates through strategically located tubular wells tapping underground aquifers. The initiative addressed the challenge of communication in a context where mining is often blamed for scarcity, fostering scientific understanding of contributing factors. The study highlights how science-based outreach and institutional collaboration can strengthen resilience and promote sustainable water stewardship in mining-influenced regions.

Feb 22, 2026

By Scott O’Brien, Richard Williams, Camilo I. Mejias, Elias Godoy, Javier Sierra

High-rate thickeners play a critical role in tailings management by enhancing water recovery and increasing solids concentration. However, these units face operational instability due to fluctuations in feed solids, flow rate, and flocculant response typically managed in manual mode with delayed corrective actions. This work presents an adaptive automatic control algorithm designed for dynamic thickening environments. The algorithm integrates real-time measurements of feed density, rake torque, bed level, and turbidity (overflow), optimizing the underflow slurry density while minimizing suspended solids in the overflow. The proposed control strategy is modular, simple, scalable, and applicable to both existing and new thickening systems, offering a robust alternative to manual operation in increasingly demanding metallurgical environments.

Feb 22, 2026

By Klaydison Silva, Pedro Silva, Letícia Damet

The current situation of the global mining economy is increasingly focused on the utilization of materials previously discarded in the mining process. The waste from the past, through new processing routes, is gaining new contours for use as high-value-added products. The strategic mine planning process has consequently had to adapt to the new economic reality. In standard scenarios, the focus was primarily on mine sequencing aimed at the highest economic return, with all infrastructure allocated as a necessity of mining. This work aims, in strategic planning, to configure and select the best composition of mining structures. The entire Mine-Plant-Waste-Tailings-Products chain will be considered as a factor in the sequencing of a multimine complex, to achieve the most sustainable utilization of the current mines’ waste. The sequencing is based on concurrent flows of process configurations and capacities, structure sharing, and flexibility of feed types. These factors will guide the sequencing, which will be constrained by components such as waste and tailings disposal rates, lithology feed relationships, and especially product composition through market specifications, all while respecting product shipping capacities.

Feb 22, 2026

By Patricio Vergara Lara, Jorman Barrera

The selection of the production level elevation is one of the most critical strategic decisions faced by large-scale block or panel caving projects. This elevation largely affects project timelines, capital expenditures, resource recovery, and may even constrain the mine’s maximum production capacity. Over the years, many computational tools have been developed to assist in this decision, most of them based on the same principle of maximizing the project value given its production level elevation. However, for large and inclined deposits, or those extending significantly in the vertical dimension and where extraction cannot be achieved from a single level, traditional selection techniques involving multiple production horizons often lead to suboptimal results. This paper proposes a methodology ensuring that the selection of production level elevations in a multiple horizons (“lifts”) case is globally optimized. Input parameters include economic and cost variables, maximum extractable column height, and deepening costs. The methodology is demonstrated through a real case study to illustrate its potential impact on project value.

Feb 22, 2026

By Oscar Cabello, Luis Mendieta, Maribel Guzman

Mineral flotation processes generate large volumes of tailings, which must be disposed of efficiently and safely. In addition to dry stack disposal, the possibility of reusing these tailings as aggregates in shotcrete is an interesting alternative. Tailings samples from a mining operation in southern Peru were characterized by granulometric analysis, X-ray diffraction and Scanning Electron Microscopy. Concrete samples were obtained with different tailings formulations. The samples were subsequently subjected to geomechanical testing. The results showed that replacing 20% to 30% of the tailings with aggregates in shotcrete production achieved compressive strengths exceeding 30 MPa after 28 days of curing, with an energy absorption capacity of 500 joules. Results show that this shotcrete can be used in the support stage of the mining cycle in underground mining.

Feb 22, 2026

By Alper Kirmaci, Taghi Sherizadeh, Dogukan Guner, Cameron Mitchel

Brow hazards are a significant concern in coal mine ribs and form when weak coal sloughs out of a rib face and exposes an overhanging block of more competent rock or coal. Of 36 rib failure fatalities in the last two decades, 36% resulted from rib brow failures. This highlights the need to better understand the mechanisms driving brow formations and failures to mitigate this hazard and eliminate potential fatalities. The research team at Missouri S&T worked to enhance the current CPRR system and include the potential for these brow hazards. We employed physical modeling methods to build a scaled model from critical brow cases observed in the field. The dimensions and properties of the models were scaled down by 14.4 times from the field cases. The results of the physical modeling efforts were used to assist in calibrating distinct element numerical models vital to understanding brow formation and failure mechanisms. Subsequently, three physical models were created and tested to provide data on an otherwise impossible-to-capture event at the field scale. The results of these tests provided formed brow dimensions that agree well with those observed at the field scale. The brow dimensions were 1.25 inches deep into the rib, equivalent to 1.5 feet when scaled up. Similarly, the numerical modeling efforts provided good agreement by capturing a brow forming 1.55 inches deep into the rib. The physical model results further validate the applicability of physical modeling efforts for capturing otherwise difficult and dangerous phenomena in a controlled lab setting.

Feb 22, 2026

By N. Sloan Dworian, Alyssa Smith, Ian Kellogg

Many studies have utilized magnetic susceptibility data to fingerprint porphyry copper centers; however, usage of magnetic susceptibility data to identify trends in a Climaxtype molybdenum porphyry deposit is limited. To better understand potential petrophysical signatures in a Climaxtype Mo porphyry deposit, magnetic susceptibility data was gathered at regular intervals from core holes across the Climax Mine, targeting major lithologies and styles of alteration. Preliminary analysis suggests that there are quantifiable patterns which may correspond with the mineralizing intrusions. This data can complement current mapping and exploration techniques to identify Climax-type molybdenum porphyry centers and likewise further the exploration potential for this deposit type.

Feb 22, 2026

By Ashish Kumar, Khadija Said, Ulupi Mishra, Sekhar Bhattacharyya

Using battery-powered equipment in underground mining can improve safety, advance automation, and reduce greenhouse emissions. In this context, rechargeable lithium- ion batteries (LIBs) have a competitive edge due to their high Coulombic efficiency, superior energy density, and extended cycling stability. However, several conditions must be met for their safe operation. Their failure can cause thermal runaway (TR), which poses a significant safety risk in underground mines. Despite studies having investigated this phenomenon using physics-based models, limited research has used deep learning to predict its implications. This study aims to bridge this gap by characterizing LIB TR under dynamic airflow through simulations and predicting temperatures using two of the most common recurrent neural networks: long short-term memory (LSTM) and gated recurrent units (GRU).

Feb 22, 2026

By Michael MacMillan

AI is already changing how mining companies are seen, judged, and trusted. This paper discusses “reputation engineering,” a structured way to build trust in a world where AI systems summarize and evaluate everything a company says publicly. Using mining examples, emerging AI search trends, and real communication work, the paper explains why the next 12–18 months are a crucial window for action. It also provides a practical framework to help mining companies improve their visibility, accuracy, and consistency across both human and machine channels.

Feb 22, 2026

By C. H. Stephenson, M. Du Preez

Overland belt conveyors often use vertically guided counterweight take-ups or horizontally tensioned carriages to maintain belt tension. In the event of belt or wire rope failure, these systems can release significant stored energy, creating high-impact forces that risk structural damage and personnel injury. This paper reviews current safety arresting technologies and presents a calculation methodology for estimating impact velocity, energy absorption requirements, and stroke limitations. Worked examples illustrate the selection process for appropriate arrestor types under different design constraints. The study emphasizes early integration of safety devices to minimize structural loads, avoid costly retrofits, and enhance operational reliability. Implementing robust arrestor systems improves safety and reduces downtime in bulk material handling environments.

Feb 22, 2026

By C. H. Stephenson, Z. White

This paper presents the design approach case study for incorporating a Technogrid® conveyance End-of-wind arresting system within the new South32 Hermosa headframe. Focus is placed on energy absorption requirements, structural integration, and mounting details tailored to the geometry and operational constraints of the headframe. Key considerations include arresting forces, load path continuity, and connection design to ensure reliability and maintainability. The paper also discusses coordination with other headframe systems and the iterative design process used to meet safety standards and client objectives.

Feb 22, 2026

By Germán Toledo

The closure of TSF represents a critical milestone in the life cycle of mining operations, requiring the integration of technical, environmental, and social dimensions to ensure long-term safety and sustainability. The GISTM introduces the concept of “safe closure” as a demonstrable technical condition in which there are no ongoing material risks to people or the environment. This status must be validated by an independent technical reviewer and formally approved by the Accountable Executive. This article presents a risk-based methodology to support the achievement of safe closure, aligned with the principles and requirements of the GISTM. The proposed approach emphasizes the need to identify, assess, and manage closure and post-closure risks progressively throughout all phases of the TSF life cycle: from site selection and design, through construction and operation, to closure implementation and long-term monitoring. The methodology integrates key elements of effective risk management, including comprehensive knowledge bases, consideration of climate change, credible failure modes, continuous monitoring, stakeholder engagement, and governance. The ALARP principle is applied to demonstrate that residual risks have been reduced to tolerable levels. By incorporating closure planning from the earliest stages and adopting a risk-based view throughout the entire life cycle, this methodology aims to support mining organizations in achieving a verifiable and responsible closure of tailings facilities, in line with international best practices such as those of ANCOLD and ICOLD. The proposed framework offers a practical contribution to strengthening the credibility, effectiveness, and sustainability of tailings closure processes.

Feb 22, 2026

By Henrique D. G Turrer, Desmond Edifor, Marcello R. Cruz, Josue M. de S Junior, Darius Wonyen

A geometallurgical testing program was developed to anticipate ore behavior in the beneficiation plant and support production planning. Over 100 drill core samples from a major iron ore deposit were tested using bench-scale gravity and magnetic separation methods to assess variability in process responses. Results showed significant differences in key attributes such as iron grade, gangue content, slimes generation, and specific gravity, directly impacting concentrate grade, recoveries, and tailings quality. Correlation analysis and regression models were used to link feed properties to process outcomes, and a mass recovery estimation equation (Wrec) was developed for predictive use. The study proposes the integration of geometallurgical parameters—such as Fe, SiO2, Al2O3, LOI, ore type, size fractions, and slimes content—into the block model to support blending decisions and minimize operational risks. This work establishes a solid foundation for long-term mine-to-plant integration, with future phases aiming to expand testing and build a calibrated geometallurgical model.

Feb 22, 2026

By Omar. M. Arafat, Edgar Pérez, Kyle. M. Bartholomew, Robert. E. McIvor

The “circulating load” confounds understanding of ball milling circuits. Conflicting opinions exist as to its role. Should it be high, or low? Why does it even exist? It is commonly accepted in the plant as a given, the outcome of largely unknown factors. As such, it may often go unmeasured or even ignored. This paper describes the importance of the circulating load in wet ball milling circuits. It is characterized not only in terms of solids mass flow (or ratio of mass flows), but also by its other key physical characteristic, its size distribution. Its effect on grinding circuit performance is explained. The equipment application design steps to achieve a desired circulating load, in terms of both its mass flow and size distribution, are described. Finally, its pivotal role in grind control is specified. Our goal is for the reader to come away with a fresh understanding of the role of the circulating load in wet ball milling circuits, including how and why it should be measured and managed.

Feb 22, 2026

By Wilson W. Zoogah, Joel G. Burken, Abdullah Al Moinee, Mariam K. Al-Lami, Kwame Awuah-Offei

Soil CO2 flux serves a critical indicator of ecosystem function and carbon cycling in disturbed landscapes. This study measured and quantified temporal patterns and environmental drivers of soil respiration across fifteen revegetated treatment plots over a 12-week period (July-October 2025). Utilizing automated CO2 flux measurements, we investigated differences between treatments and quantified their relationships with soil temperature, moisture, and atmospheric pressure. One-way ANOVA revealed significant treatment effects on CO2 flux (F4, 442 =14.1, p < 0.001, η2=0.113), with amended plots exhibiting 40–50% higher mean fluxes than control plots. Weekly temporal analysis demonstrated distinct temporal patterns, with peak fluxes registering in mid-August before a gradual decline. Multiple regression analyses showed that soil temperature (β=0.043, p < 0.001) and moisture (β=2.31, p < 0.001) are the primary flux drivers, together accounting for 18.2% of total variability (adjusted R2=0.182). Atmospheric pressure had a moderate effect (β=1.13, p < 0.001), detectable only in multivariable analysis. Variance partitioning indicated that environmental factors explained more variability (18.7%) than treatment effect (10.5%), with approximately 71% of flux variability attributed to finer spatial or temporal variability. These results demonstrate that revegetation amendments enhance soil biological activity and impact geochemical cycling, and that temperature and moisture are dominant controls on respiration dynamics in reclaimed mine soils. The findings provide quantifiable benchmarks for ecosystem recovery through altering soil biology and geochemistry and for quantifying carbon sequestration potential in post-mining landscapes.

Feb 22, 2026

By Xiaozhen Song, Ashish Ranjan Kumar, Shimin Liu

To investigate the influence of boreholes, fans, and curtains for large opening underground mines (LOUM), we conducted a field survey for LOUM with the survey data serving as the numerical modeling inputs using computational fluid dynamics (CFD) models. Five different CFD modeling results were obtained with different borehole, box fan, and curtain setting conditions. The results indicate that most air quantity directly escapes through outlet 1 after coming into the inlet, causing a huge loss of airflow; volumetric air exchange index (VAEI) and minimum hours of fully exchanging the air (MHFEA) measure air exchange efficiency, with zone 2 of case 5 having the highest VAEI; The borehole minimally affects zones 2, 3, and 4, but drastically alters airflow direction in zone 1; The box fan enhances airflow to zone 2, improving ventilation efficiency and increasing VAEI; Curtains have little effect on distant working faces but influence airflow near inlets and outlets. This study provides a foundation for future research on the influence of boreholes, fans, and curtains, as well as optimizing their placement and effectiveness in face ventilation.

Feb 22, 2026

By Sahin Furkan Sahiner, Onur Golbasi

Effective maintenance planning is vital for coal mining operations, where haul truck fleets directly determine production continuity. This study presents a discrete event simulation (DES) model for evaluating maintenance strategies under multiple failure modes and their interdependencies. The model integrates corrective, periodic preventive, and opportunistic maintenance, dynamically updating equipment lifetimes through probabilistic time-betweenfailure and time-to-repair distributions. Applied to a fivetruck coal haulage fleet over a one-year horizon, results show that periodic preventive maintenance delivers the highest availability (76%) under unconstrained conditions, slightly outperforming corrective-only maintenance (75%). Opportunistic and integrated approaches performed worse (68% and 69%), reflecting redundancy from overlapping interventions. These findings suggest that structured preventive programs provide the most reliable outcomes when costs and resources are not limiting. The DES framework serves as a baseline for future models incorporating cost, spare parts logistics, and workforce availability, supporting robust maintenance planning in coal mining operations.

Feb 22, 2026

By Marko Oosthuizen, Charl P. Botha, Lidia Auret, Annelette Malan, Marthie de Leeuw

Flotation performance is affected by upstream disturbances (e.g., mineralogy, water quality, flow rate) and controlled variables (e.g., pulp level and air addition). Process disruptions can lead to undesired conditions, such as pulp overflowing flotation cells (with insignificant/absent froth, and thus no valuable mineral concentration). Early detection and appropriate intervention of pulping events improves concentrator performance. An approach to real time flotation pulping event detection by means of convolutional neural networks is presented, including a case study of the industrial application of this technology on three flotation banks.

Feb 22, 2026