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By B. Berhe, R. D. Lawrence, J. Hinzer

"The fortunes of mining companies and their implied value are tied to cycles - both economic and commodity – within which they operate. Hence the determination of appropriate future metal prices is one of the most critical factors faced by mineral valuators especially for advanced projects. Price, and hence revenue, is usually the most sensitive input to the valuation model. Empirical studies of past forecasts show that the success rate for commodity price forecasting is very poor. This paper explores various approaches and comments on their strengths and weaknesses. We conclude that careful evaluation of long-term metal prices is a key element and is hardly a luxury that can be left to simple averages or rules of thumb. INTRODUCTION Discounted Cash Flow (""DCF"") analysis, is well suited for the valuation of advanced mineral development assets, for which there are identified mineral resources and some form of economic assessment (Pre-Feasibility or Feasibility Study). The DCF method is also the most commonly used method for determining value for such assets. It provides a means of relating the magnitude of expected future cash flows from profits (or losses) to the magnitude of the initial cash flow (investment) needed for capital expenditures to purchase or to develop an asset for commercial production. The method proves useful in making investment decisions as it allows for the quantification of the Net Present Value (“NPV”), as well as the Internal Rate of Return (IRR) and Payback Period on initial investment capital. Valuation by its very nature is a forward-looking exercise. The DCF method attempts to estimate the NPV of expected future cash flows, by selecting factors that will likely affect future cash flow based on informed analysis. One of the most critical and sensitive factors is the determination of appropriate future commodity prices. “The variables that have the greatest impact on a DCF evaluation are the reserves, the metal prices, and the discount rate.”1 The determination of future commodity prices for valuation purpose or during M&A negotiations is a hotly contested issue. There are a number of analysts, institutions and specialized commercial data suppliers that provide both short and long-term commodities price forecasts. Also, the use of an aggregated mean for all available forecasts, or consensus forecasted prices for valuation purposes is not uncommon. The methods used in making forecasts for each forecaster may vary and in many cases may not be publically disclosed. Nonetheless, the aggregated mean of all forecasted commodity prices of reputed institutions is usually taken to “represent the market’s view of likely future commodity prices.”"

Jan 1, 2016

By Robert L. Frantz

The U.S. Bureau of Mines (USBM) established on August 15, 1983, a Generic Mineral f Technology Center (GTC) for Respirable Dust within the Mining and Mineral Resources Research Institutes (MRIs) at The Pennsylvania State University (PSU) and West Virginia University (WW) in association with participating MRIs at Massachusetts Institute of Technology (MIT) and the University of Minnesota (UMN). The primary goal of the Center is to reduce the incidence and severity of respirable dust disease through researching and advancing the fundamental under- standing of all aspects of respirable dust associated with mining and milling and the interaction of dust and lungs. Other Center activities include the training of engineers and scientists, graduate students and undergraduate students through their respective institutions, and the technology transfer to the industry. The Center also serves as the reference center for publications in the respirable dust area.

Jan 1, 1986

By H. R. Bullis

Lupin is located on the shores of Contwoyto Lake at lat. 65° 48'N, Long. 111° 15'W and lies about 80 kilometers south of the Arctic Circle. Since start up in 1982 the mine has produced over 2.15 million ounces of gold from 6.66 million tonnes of ore grading 10.63 gm/tonne. Total remaining reserves at 1993 year end were 5.1 million tonnes at a grade of 9.11 gm/tonne (1.65 million ounces). This is sufficient for 7 -8 years at the present annual production rate of about 200,000 ounces. The Centre and West Zones of the deposit are open to depth. The deposit is in an Archean metaturbidite sequence of the Contwoyto Formation, which has been mapped as part of the Yellowknife Supergroup of supracrustal metasedimentary and metavolcanic rocks making up part of the Slave Geologic Province. These rocks have been subjected to regionar and contact metamorphism and to several phases of deformation. Six stages of Archean plutonism have been identified and all Archean rocks have been cut by Proterozoic diabase dyke swarms. Gold mineralization in the Lupin deposit is commonly fine grained and associated with pyrrhotite and arsenopyrite in amphibolitic banded iron formation. The gold-bearing portions of the host iron formations are characterized by the presence of multiple quartz veins and the pervasive replacement of grunerite by hornblende. In sparsely mineralized portions of the host iron formation, zoning of sulfides about quartz veins is clearly seen with the arsenopyrite halo being more restricted around the veins than the pyrrhotite halo. In well mineralized portions, quartz vein densities approach one vein per metre along strike. In these areas pyrrhotite distribution in the iron formation is more pervasive and the rock takes on the appearance of a banded sulphide rock.

Jan 1, 1995

By S. C. O?Brien

This paper develops the procedure for simulating the special locked-cycle Work Index laboratory test using the kinetic parameters obtained by conducting standard size-mass balance (SMB) grinding tests and presents the results for three materials - quartz, a taconite iron ore and a bituminous coal. It was found that the WI could be determined by simulation; however, if a material breaks abnormally, a full description of its abnormal breakage is necessary. It was also found that the sensitivity of the WI test procedure to the sieving process and the estimating of the 80% passing size of the sieve undersize is sufficient to question the practice of quoting a WI to two or more decimal places. Finally, if a material grinds abnormally in the Work Index mill, then the WI test should not be conducted.

Jan 1, 1987

By R. Stefanko

Rock bolting as a method of support continues to increase with applications in many other industries in addition to mining. Nevertheless, with nearly 55,000,000 roof bolts installed in coal mines alone last year, this remains as the single greatest use. While bolts have frequently supported ground where conventional timbering could not, there are relatively few design criteria; and trial-and-error procedures prevail. Furthermore, development of suitable instrumentation that is simple to install and readout, sensitive, durable, reliable, safe and economical in evaluating the effectiveness of a bolt over long periods of time lags behind. Therefore, the pull test continues to be the most popular method of evaluating the applicability of a certain type of roof bolt under specific installation conditions. At Penn State in the Department of Mining, research has been conducted for a number of years to measure bleedoff in carefully controlled laboratory experiments as well as in underground investigations.1,2,3,4 Unfortunately, most of the instrumentation developed has been primarily suitable only for research purposes, not possessing all of the aforementioned characteristics desirable for routine underground use. Other groups also have met with restricted success. Therefore, while relatively crude, the torque wrench continues to remain as the most widely used load measuring device. While both field and laboratory tests continue to be conducted, analytical analyses are attempted to discover the more important design parameters in order that more efficient anchorage might be devised.

Jan 1, 1969

By J. Noll, D. Yantek, B. Kendall, J. A. Organiscak

"A self-tramming remotely controlled mobile Dry Scrubber (DS) was developed by J. H. Fletcher and Co. under a contract with the National Institute for Occupational Safety and Health’s Office of Mine Safety and Health Research (NIOSH OMSHR) to reduce exposure of miners to airborne dust. NIOSH OMSHR laboratory testing showed that the DS averaged greater than 95% dust removal efficiency with the disposable filters and averaged 88% and 90%, respectively, for the optional washable filters in their pre-washed and post-washed test conditions. Although the washable filters could be reused, washing them generated personal and downstream respirable dust concentrations of 1.2 and 8.3 mg/m3, respectively, for a 10-minute washing period. The DS’s velocity pressure regulated variable frequency drive (VFD) fan maintained a relatively consistent airflow near the targeted 1.43 and 4.25 m3/s (3000 and 9000 ft3/min) airflow rates during most of the laboratory dust testing until reaching its maximum 60 Hz fan motor frequency or horsepower rating at 2610 Pa (10.5 in. w.g.) of filter differential pressure and 3.97 m3/s (8420 ft3/min) of scrubber airflow quantity. Laboratory sound level measurements of the DS also showed that the outlet side of the scrubber was noisier and the loaded filters increased sound levels as compared to clean filters at the same airflow quantities. With loaded filters the scrubber reached a 90 dB(A) sound level at 2.83 m3/s (6000 ft3/min) of scrubber airflow, indicating that miners should not be overexposed in relation to MSHA’s permissible exposure level (PEL) of 90 dB(A) at or below this airflow quantity (1). The DS’s washable filters were not used during field testing because of their lower respirable dust removal efficiency and the airborne dust generated from filter washing. Field testing the DS with the disposable filters at two underground coal mine sections showed that it can clean a portion of the section return air and provide about a 50% dust reduction at the face area downstream of the continuous miner (CM) operation. INTRODUCTION Coal mine worker overexposure to coal and quartz dust continues to be a problem at underground coal mining operations in the U.S. The U.S. Mine Safety and Health Administration (MSHA) recently changed the standard for coal mine worker respirable dust exposure from 2.0 mg/m3 average during an eight-hour shift to 1.5 mg/m3 average over the actual working shift, effective as of August 1, 2016 (1). If more than 0.1 mg/m3 quartz mass is found in the coal mine worker dust sample, the applicable respirable dust standard is further reduced to the quotient of 10 divided by the percentage of the quartz in the sample (1). Over 90% of the mechanized mining units operating in U.S. underground coal mines are continuous mining machines (2). MSHA inspector dust samples from 2009 to 2012 showed that 3.7% of continuous miner operators exceeded the 2.0 mg/m3 dust standard, while 8.8% of these dust samples exceeded the new 1.5 mg/m3 dust standard and 9.7% of these samples exceeded the reduced quartz standard (3). Additionally, roof bolter dust samples at these mechanized mining units during this same period have exceeded the 2.0 mg/m3, 1.5 mg/m3, and reduced quartz levels at 1.1%, 3.7%, and 10.6%, respectively (3)."

Jan 1, 2016

Using a Mark IV surface force apparatus, adsorption of dodecylamine hydrochloride on mica has been studied at pH 5.7 in the presence and absence of octanol. With amine alone, the repulsive forces between mica surfaces are reduced due to charge neutralization and attractive hydrophobic force; however, the latter is of relatively short-range with its decay length less than 2 nm. In the presence of amine and octanol, the hydrophobic force becomes more significant, its decay length being extended up to 6.5 nm. The increased hydrophobicity in the presence of octanol is attributed to the co-adsorption of the neutral surfactant with dodecylamine, which increases the packing density of hydrocarbons on the mica surface. The increased hydrophobicity due to co-adsorption is reflected in the improved floatability of silica when using octanol as an extender.

Jan 1, 1993

By James A. Jessop

The Bureau of Mines is investigating the use of geophysical methods to determine rock mass characteristics, particularly rock quality, lithology, and fracture parameters that are important for determining the feasibility of in situ leaching operations. As part of this research, two Bureau-developed crosshole geophysical systems are described that can be used for site investigation and rock mass characterization. Results are given for performance tests at field sites in Arizona and Texas and for correlations between the crosshole seismic data with fracture frequency, rock quality, and lithologic variation. Recommendations are made for using elastic waveform propagation characteristics and dynamic elastic properties for improving rock mass characterization in the geomechanical assessment of in situ leaching deposits.

Jan 1, 1990

By B. Li

"Sepiolite is a magnesium-rich, porous, and fibrous clay mineral with broad applications. These applications take advantage of sepiolite’s high specific surface area and unique nano-sized channel structure. Over the past years, numerous materials and techniques based on the structure and property of sepiolite have been developed. This article reviewed the recent achievements in developments and applications of sepiolite in environmental protection, catalysis area, and nanocomposites. The prospectives of sepiolite applications is also discussed. INTRODUCTION Sepiolite is a magnesium-rich, porous, and fibrous clay mineral. The typical chemical formula of sepiolite is Si12Mg8O30[OH]4[OH2]4·8H2O [1]. Sepiolite has a high specific surface area and nano-sized channels because of its special structure [2]. This unusual crystal structure projected onto the [001] plane is shown in Fig.1 [3]. As it can be seen, silicon and oxygen atoms make up for the tetrahedral structure and magnesium and oxygen atoms form octahedral structure, respectively. Those tetrahedral-octahedral-tetrahedral ribbons expand boundlessly in one direction, leading to the special fibrous structure of the sepiolite. Every tetrahedral-octahedral-tetrahedral ribbon is combined to the next by an inverted Si–O–Si bond, which causes an interlaced layer with a continuous tetrahedral sheet and a discontinuous octahedral sheet. Terminal MgO at the edges of the ribbons is coordinated with two structural water molecules, which can form hydrogen bonds with zeolitic water molecules that are located in the channels running parallel to the fiber axis [3,4]. The Mg2+ ions inside the channels can be exchanged with other cations in solution. Therefore, sepiolite can be used to remove metal cations from aqueous solutions [5,6].It can be seen from Figure. 1 and Table 1 [7], the unique structure endows sepiolite with a substantial surface area and nanoscale channels. Its specific surface area reaches 320 m2/g and channel dimensions up to 3.7×10.6 Å. There are three active adsorption sites on the surface of sepiolite: one is oxygen atoms of the Si-O tetrahedron. The second is the structural water molecules paired with magnesium ions at the edges of the ribbons, which can form hydrogen bond with adsorbent. The last one is the Si-OH groups due to the breaks of the Si-O-Si bonds on the surface of Si-O tetrahedron. Thus, sepiolite has strong adsorption ability which has been widely used in environmental protection. Moreover, sepiolite has many significant features such as good mechanical and thermal stability, rheological property, porous, and easily modification, making it be a hotspot in chemical and biological researches. However, with the development of technology, broader and more advanced applications of sepiolite have been carried out in recent years. In this study, the recent achievement in sepiolite applications is summarized, the further tendency is also discussed."

Jan 1, 2018

By C. R. DeGennaro, M. R. Girman, J. Bickson, J. P. Homer, C. C. Jobes

Between 2005 and 2021, a NIOSH internal review showed that haul trucks were involved in 54 incidents at surface mines in the United States. Haul truck collision warning and avoidance systems (CXS) can assist in preventing accidents at surface mines. CXS use technologies to detect people or objects and alarm to alert haul truck operators. Robust testing can help ensure that they detect objects without excessive false positive alarms. Testing and validation would increase confidence in and encourage implementation of a CXS. Researchers from the National Institute for Occupational Safety and Health (NIOSH) reviewed documents related to the evaluation and validation of CXS with two objectives: (1) to identify methods and parameters used to evaluate detection performance and (2) to identify gaps in CXS test methods and in detection performance. Stakeholders can use the findings from this research to guide implementation of CXS to improve safety at surface mines.

Mar 2, 2022

By Dr. Jack M. Gillette

A system of models which simulate surface coal mining operations has been developed for use in mine planning and economic evaluations. Micromodels simulate individual mine operations for equipment selection and mine planning. Macromodels simulate all operations in the complete mine for economic evaluation of reserves. A cash flow analysis model makes a complete discounted cash flow analysis to deter-mine a required coal sales price or return on investment for evaluation of any mining project.

Jan 1, 1978

By Sidney A. Suhler

The persistent requirement for methods and equipment capable of detecting hazardous anomalies in advance of underground mining has led to the development by the U.S. Bureau of Mines of a directional radar probe. The probe operates from boreholes drilled from the surface into the underground region to be mined. The engineering model radar was completed in early 1982 and field demonstration tests were performed in May of that year at a selected coal mine. Preliminary in-situ electromagnetic tests were performed at several candidate coal mines to evaluate the radio-frequency characteristics of the coal. A coal mine in New Mexico was selected on the basis of low EM propagation losses in the coal and the presence of an extensive coal seam displacing fault as a radar target. The borehole radar was operated in two vertical boreholes which intersected the coal seam at approximately 25 and 40 feet from the fault interface. Radar reflections from the coal/ rock interface were detected in both tests. Underground tests in a horizontal borehole in the coal were less successful because of interfering reflections. Additional borehole-to-borehole tests were performed with a separate ground penetrating electromagnetic system to obtain radar range calibration data. The coal was found to be bounded by very lossy roof and floor sandstone and shale while propagation through the coal seam was obtained at distances up to 175 feet between test boreholes. Coal seam continuity was indicated by the hole-to-hole experiments through a section of the seam previously thought to be completely cut off by the fault.

Jan 1, 1983

By D. Shaver, M. N. Badonie, J. Newcomer, V. T. McLemore, E. Owen

Rare earth elements and critical minerals have recently become of great economic interest because of their necessity for many new technologies and recent geopolitical unrest affecting the supply and import of resources. The San Juan and Raton basins in northern New Mexico are two structural coal basins that contain elevated concentrations of rare earth elements and critical minerals. These two New Mexican coal basins will be assessed geochemically and petrographically to identify vectors of the rare earth element and critical mineral enrichment. Coalbeds, coal seams, overlying, and underlying rock units will be sampled and characterized to determine any economic viability. Historic data will be compiled into a new and comprehensive coal geochemical database, which will grow with new analyses, and serve as the dataset for this project; this coal resource database will be made available to the public.

Feb 1, 2023

By A. H. Kaksonen

Numerous reactor designs for biological sulfate reduction have been reported. Fluidized-bed bioreactors (FBR) can efficiently retain biomass and allow high mass transfer and reaction rates. This work reviews the development of various sulfate-reducing FBR processes for treating acidic metal- and sulfate-containing waters and recovering metals from bioleaching liquors. The FBR process performance was evaluated with continuous flow experiments under various operational conditions: fluidization rates, influent pH values, metal, sulfate and salt concentrations, hydraulic retention times, electron and carbon sources, and temperatures. Substrate utilization and sulfide inhibition kinetics were determined with batch FBR-kinetic experiments. An artificial neural network (ANN) model was used to predict the performance of the FBR. Sulfate-reducing bacteria (SRB) were characterized in FBRs with molecular and culture-based approaches with the aim to gain a better understating of the bioprocesses. Based on the studies, FBRs are well suited for the combined removal of metals, acidity and sulfate from water.

Jan 1, 2010

By Mirko Martini, Marcelo Benaglia, Andrea Codalli

Riachuelo Lot 3 forms part of a sanitation programme being implemented in Argentina to relieve the Riachuelo river basin from its current contamination. The programme, by far the most important in its kind in the country during the last decades, will expand the sewage capacity of Buenos Aires and will benefit an area of 4.3 millions inhabitants by intercepting a number of waste water discharges and conveying them to a new treatment plant prior to final discharge into the Rio de la Plata. The project foresees amongst other works the construction of an onshore 48 m deep shaft at the outlet of the treatment plant plus a 4,3 m inner diameter outfall tunnel of 12 km length. The last 1.5 km of the alignment is fitted with 34 vertical risers jacked from inside the tunnel to allow the discharge and dilution of the treated effluent into the Rio de la Plata. This paper describes the peculiarities and challenges, both in terms of design and in terms of construction, of the outfall tunnel, which was entirely bored under the Rio de la Plata using a 5.2 m cut diameter Tunnel Boring Machine (TBM). On one hand, the tunnel segmental lining was designed to work in tension during the system flow rate peaks while on the other the tunnel excavation faced a variety of complex conditions, such as crossing water bearing permeable soft ground formations and advancing at face pressures in excess of 3,5 bars for the entire route.

Jun 13, 2021

By S. G. Malghan

Flotation is the primary method for copper minerals separation from porphyry ores. The need to process difficult-to-float porphyry copper ores presents challenges to engineers and scientists in several areas. This paper is concerned with summarizing generalized problems faced in the processing of porphyry ores and treatment methods to overcome the specific problems. Though some of the problems are interrelated the problems have been classified into three broad catagories. The case studies of some of the successful applications of innovative methods to solve problems related to ore mineralogy, metallurgical aspects of ore treatment and process variables show that quite often the problems are solvable by a judicious choice of flotation variables.

Jan 1, 1984

By Raymond E. Zimmerman

The cleaning of coal by the use of jigs is one of the oldest methods of separating coal from its impurities. Although in many situations jigs have been replaced by other methods, by far the largest percentage of coal today is still being cleaned by some form of jigs. Some piston- or plunger-type jigs are still in use throughout the world; however, the greater number are air pulsated, generally called the Baum jig, named after the original inventor, Fritz Baum of Germany. This standard jig, with slight modifications, has been in use for over 75 years. Up until recently, however, it has had certain limitations in obtaining the high performance and efficiencies required in modern coal preparation practice. TO improve its performance, some radical modifications have been made in its design and operation SO that there is now a Baum-type jig giving much higher performance in terms of capacity, efficiency and sharpness of separation- This new jig is called the Batac, and the purpose of this paper is to describe its characteristics and present data giving its performance in treating coarse and fine sizes of coal.

Jan 1, 1974

By Ben W. Burdett

Since the late 19701s, the use of microcomputers in the minerals industry has grown to the point where today they can be found in virtually every plant within the industry. Their use in every aspect of instrumentation and control has increased the ease of operation and control of every phase of mineral processing. Their incorporation in sensors, transmitters, indicators, and controllers in addition to their use in distributed control and computer systems has provided operators with more timely accurate information than they have ever had before. This has led to an increase in the operator's effectiveness and an improvement in overall productivity. The ultimate aim of plant control is to maximize recovery in the mineral processing operation, and the microcomputer has spawned many tools that are now making this goal attainable. This paper discusses individual use of microcomputers in the areas previously mentioned as well as their collective use in overall control systems. The incorporation of local control systems in total plant control including the communication of information throughout all levels of plant management is also discussed. Finally the role the microcomputer is playing in today's plants is illustrated with numerous references to current examples.

Jan 1, 1985

By S. Klein, M. McLeod, S. Gambino, K. Johnson, E. O’Hara

The Mokelumne Aqueducts Resiliency Project (MARP) involves construction of a 16.5-mile tunnel across the Sacramento-San Joaquin Delta (Delta) to replace the existing surface aqueduct pipelines with more resilient conveyance. The tunnel will be bored in Pleistocene-age alluvium at elevations between 100 to 10 feet below mean sea level. At this depth ground conditions are signicantly stiffer and denser than surcial soils and will mitigate potential seismic harards related to liquefaction ground shaking and cooding that could arise from potentially damaged levees. The heterogeneous soil deposits at tunnel depth consist of interbedded layers of stiff to very stiff clay and silt, and dense to very dense clean sand and silty sand.

Jun 23, 2024

Grinding and energy input in stirred media mills are studied as functions of grinding time, stirring speed, media size and density, solid concentration, impeller and tank dimensions and design, and other relevant variables. Ground product size and surface area are determined with respect to the above variables. Changes in energy input and media/pulp rheological properties during grinding are described. The best conditions for grinding limestone in the laboratory stirred media mills have been identified. Equations for correlations involving power and modified Reynolds numbers have been established.

Jan 1, 1995